Supreme Ind Intraday Buy Call
Stock market analysts have maintained 'buy' rating on Supreme Industries with an intraday target above Rs 345.
According to them, interested traders can purchase the stock between Rs 336-338 with a strict stop loss of Rs 328. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 352.
Shares of the company, on Monday (Oct 12), closed at Rs 340.20 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 38.33 and 9.60 respectively. The share price has seen a 52-week high of Rs 343 and a low of Rs 92.55 on BSE.
Established in 1942, Supreme Industries is a recognized leader of India's plastics business. It provides the widest and most comprehensive variety of plastic products in the Indian market.
The company's 20 advanced facilities are powered by technology from globe leaders, and match their widespread facilities for research & development and new product growth.
Supreme is accredited with pioneering several products including Cross- Laminated Films, HMHD Films, Multilayer Films, SWR Piping Systems, PP Mats and more.