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HomeNewsBusinessStocksBuy Gruh Finance with 12% return: Hadrien Mendonca

Buy Gruh Finance with 12% return: Hadrien Mendonca

Gruh has not only surpassed its long-term 200-DEMA but has also sustained above the same which further accentuates our bullish stance on the stock.

December 21, 2018 / 11:31 IST
JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.
     
     
    26 Aug, 2025 12:21
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    Hadrien MendoncaIIFL

    Gruh Finance has been in a lower top and lower bottom structure for the past seven months and has finally broken out from the Symmetrical Triangle pattern on the weekly chart.

    The price outburst has been accompanied by a smart uptick in traded volumes. Gruh has not only surpassed its long-term 200-DEMA but has also sustained above the same which further accentuates our bullish stance on the stock.

    Disclaimer: The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Dec 21, 2018 11:31 am

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