Sutlej Textiles and Industries Ltd. @ 75.70

Sector: Textiles & Apparel

Momentum Trap
Strong price momentum & technical indicators may tempt investors to buy this stock. Be selective, not all stocks with strong momentum have strong financials & balance sheet.
Promoters holding remains unchanged at 63.96% in Jun 2024 qtr

52 Week High 77.29
52 Week Low 44.50
All Time High 120
All Time Low 1.81
Book Value Per Share 58.67
Dividend Yield: --
Sector PE 49.83
Face Value 1
Beta 1.37
Mkt Cap (Rs. Cr.) 1,243

Supports: 60/37/15
Res: 121
As long as 37 holds support, we can see 79-88, 101-116, 137-151, 172, 260
Ultimate targets: 93, 127-148, 183-217, 272-306, 360-416, 585