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Hindustan Composites Ltd-Ready for a upside move

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HINDUSTAN COMPOSIT (NSE:HINDCOMPOS)  
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NSE:HINDCOMPOS   HINDUSTAN COMPOSIT
Chart Patterns Fundamental Analysis Beyond Technical Analysis hindustancomposite multibagger hindcomposite hindcompositelong hindustancompositebuy Technical Analysis fundamentalanalsysis longterminvestment portfolioperformance
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chartpattern fundamental beyondta hindustancomposite multibagger hindcomposite hindcompositelong hindustancompositebuy technicalanalysis fundamentalanalsysis longterminvestment portfolioperformance
Hindustan Composites Ltd has been showing consistent up move and it has recently given a handsome breakout at Fibo level 0.50. Moreover, it is showing a consistent increase in its order book with the major buyer being Indian Railways.

It is also trading below its 5-year average PE ratio.

All these factors help us conclude that the stock is a good buy at the current level.

All the best!

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