Rain Industries

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

 

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

 

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

 

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

 

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...

 

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