For starters let's adjust the VGEX with this Exit value pick.
Ek kahaavat hai Markets main The stock market is a device for transferring money from the impatient to the patient.
We have been patient with Vardhman Acrylics now let's reap the benefit as I exit the Value Pick Multibagger given for research at valueguyz.com
Original Value Pick : Vardhman Acrylics Ltd
Watch the video above on this Value pick Exit.
Vardhman Acrylics Ltd was a multibagger as a value pick because of the established position and long standing track record. Lower crude oil prices translates into lower Acrylic Fiber (AF) prices, making it more affordable to the masses. This augured well for AF demand growth. Current forecasts of crude oil are in favour of growth of AF industry. This helped Vardhman acrylics to maintain stable turnover with excellent profitability which in turn gave us such multibagger returns
Vardhman Acrylics gave the multibagger return but has incurred almost none expenses (just an entry & an exit) and has clearly outperformed Nifty by leaps and bounds. Ise kehte hai valueguyz ki intelligent investing
Value picks are stocks of companies that are believed to be undervalued at NSE or BSE. It is an outcome of huge sattebaaji directed by Stock brokers in that stock making Markets overreact to good and bad news, resulting in stock price movements that do not correspond with the company's long-term business or fundamentals.
You can learn Value Pick Multibagger Stock course & start your own research in depth. After completing the Value Pick Multibagger Stock course You have to apply methods & circle of competence on your researched Value Picks.
I am passionate about 3 things in my life Financial System, Fitness & Photography
I got introduced to Financial system through Forex Trading back in 2007 during my 3rd Year of Engineering & It was too complex yet magnificent. Officially I entered Indian Stock Market in early 2008 at the very beginning of Global Financial Crisis, but what the hell did I know for me it was the last semester & time to get serious about my passion ie, Counter Strike
RoCE : Return on Capital Employed (Effective)
PAT(Avg.) : Net Profit after tax ( Average )
CMP : Current Market Price
MoS : Margin of Safety