Wednesday 8 November 2017

Responsive Industries

Responsive Industries Analysis and recommendation is purely for knowledge purpose and not to consider as any financial advice. Data are collected from various sources and analysed.For testing accuracy paper trading can be done.+



CMP: 44
TARGET: 50-60
STATUS: POSITIVE



About the Company:
A leading global manufacturer of polyvinyl chloride (PVC) based products. Among the top three producers of vinyl flooring internationally and the largest Indian producer of PVC flooring and artificial leather cloth. At responsive its not just about business, its about the relationship.

Fundamentals:

The stock is having sound fundamentals. For the past five years Responsive have posted good results and is expected to continue. This stock can be considered as one of the growth stocks with a good management.

Outlook:

Expected to post better quarter results. Overall Showing positive signals of upward movement in the price.

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