Book Profit in Indian Stock Kalindee Rail Nirman | Indian Stocks to Make You a Millionaire

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Book Profit in Indian Stock Kalindee Rail Nirman

Posted By On 4:36 PM Under

1. This is an update for Kalindee Rail Nirman which is doing a good job for itself as well as for the nation by tapping opportunities in Railways due to its technical expertise.

2. However company is likely to suffer due to delay in crucial projects and thus it will result in its revenue booking timely. Moreover new orders are not coming its way atleast for next 2 qtrs and thus one can avoid further investment in this stock.

3. One can book profit in this stock in this rally as stock can fall to the level of Rs 93; which means that it would be trading at a PER of 5xFY10E earnings. Our suggested price level for stock has been achieved and thus one must book profit on this stock now.
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