Goodluck Steel Tubes Ltd.
BSE Code: 530655
Face Value: Rs.2
Last Close: Rs.18.95
EPS (TTM): 12.65
P/E : 1.50
P/C : 1.23
Bool value: 52.64
The stock looks safe in the current market. We recommend it for accumulation. Buy in two parts: (1) at Rs.18.75-19.00 and (2) at Rs.17-17.25 with a strict stop loss of Rs.16. On the upper side, the stock will zoom to Rs.23+ level in the medium-term.
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