The stock Nitta Gelatin ,formerly known as Kerala Chemicals, is a consistent performer.The most successful indo japanese venture,a consistent and liberal divident payer.Partly owned by Govmnt Of Kerala. The company has an excellent management.They have good plans of diversification with new products. overall it makes a good candidate for SIP or for investment with a 1 year time frame for a target of 300.
Technically the stock is showing a double bottom pattern which is a bullish trend and is trading with good volumes.The Immeadiate short term target is 258/-Hope you can accumilate this stock at cmp or on every declines
Happy Investing Guys
Think twice before you invest your hard earned money in stock market.understand the risks involved and take your decision!
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