TechnoFudna Analysis on Vascon
Fndamental Upticks
1**-Debt Reduction**-The Debt has been constantly cut down from the balance sheet and is around 142 crores.
2-Industry Tailwinds-The Real estate specially the government infrastructure which is around 75% of the order book of Vascon is growing at a very fast pace.
3-High Demand-The demand scope of real estate is at new peak with high rental yields and land rates.
Technical Upticks
1-Multi year Breakout above 61
2-Strong upmove supported by volumes
3-Strong RSI and Above 40 EMA on montlhy basis
Dis-Invested
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