Walchandnagar’s core competence is in Nuclear and Submarine division. These are very tech intensive fields. As of today india’s nuclear capacity is around 7500MW. The target for 2031 is 22480MW.
Coming to technical charts, stock is looking forward for 16year breakout. what is the difference in this attempt compared to previous ones?? this time stock has consolidated at the breakout range for last 5-6 months along tailwinds in the sectors. Company is yet to produce results where everyone can believe in. I personally feel its a game for next 5 years. If we get a monthly closing above 280-290 , we are set for good returns.
Stock might not show great results in the coming quarters , but you would see small improvements every quarter.
It would be great if company resumes concalls or start to release more info in media release.
I am invested and quite biased. you need to build your own conviction to see this decadal opportunity, like how @Moonrise sees this
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