Rain Industries

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Shridhar2909, Jul 29, 2018.

  1. Shridhar2909

    Shridhar2909 New Member

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    Any revival of Rain industry stock in sight? Most of the midcaps showing signs of recovery but this one still dipping
     
  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    We have to wait results due on 14th August. Also competition is there. Also pet coke ban is there by SC.
     
  3. Shridhar2909

    Shridhar2909 New Member

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    Pet coke banned by India is different, it's the remnant after burning petro fuels. CPC ie calcined pet cake produced by Rain is different product. Let's see.. What Happens on 14th. Fate of large number portfolios will be decided that day
     
    Srouta Mukherjee likes this.
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    100% agreed everyone is worried about Rain Industries. Hope for best of luck.
     
  5. Monty

    Monty Member

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    Recovery is just round the corner - today onwards you will see UC in this. Rain is at a very compelling valuation and will surely turn out to be a 3-5 bagger if not 10. Almost no debt, capacity expansion, global market - all will aid to the stock valuation. Load up in batches before Aug 14 - and then depending on result- put lump sum.

    Invested from Rs 50 level...
     
  6. munu

    munu New Member

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    wait atleast q2 2019 result of this stock , then take a decision. it is simply my personal thinking about this stock.
     
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