Momentuminvesting5540

Cheviot Company Ltd | A Trending sector

Long
BSE_DLY:CHEVIOT   CHEVIOT CO.LTD.
Cheviot Company Ltd | A Trending sector

Established in 1897, Cheviot Company Limited is a flagship company of Group Cheviot. The company is engaged in manufacturing and sale of jute goods like Sacking, Hessian and Yarn.
Located in West Bengal, the company is recognized as a Trading House by the Government of India
Market Cap =₹ 914 Cr. ROCE = 12.7 % ROE 9.76 % Promoter holding =74.8 %
Debt to equity =0.01

we can see rounding bottom pattern so clearly shown that consolidation period over and price enter in to momentum zone.

its take some time to reach target but company is almost debt free so I don't bother to invest for long time until my target reach.

company's product portfolio is very strong and in demand for long term .

friends this is my view. please do your research before you invest.
I am not SEBI registered financial adviser.

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