Signet Industries Long

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Promoters increasing stake in the company

Signet Industries has an operating revenue of Rs. 826.99 Cr. on a trailing 12-month basis. Annual revenue de-growth of -6% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 39%, which signals a healthy balance sheet.

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Adjust SL to 47.50 if you get entry
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1st Target hit
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Partial Loss booked
accumulationChart PatternsTrend Analysis

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