Goenka Diamond hits upper circuit today, may be multibagger

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Shivarama Karkala
Posts: 20
Joined: Mon May 11, 2020 8:03 pm

Goenka Diamond hits upper circuit today, may be multibagger

Post by Shivarama Karkala »

Today, Goenka Diamond was like a rocket. It went up 10% and was stopped by the circuit breaker.

It looks like the stock is finally getting noticed by big investors and is getting ready for a big up move.

Goenka Diamond has a book value of Rs 7 and is almost debt free as per my information.

The Net Sales of Goenka Diamond at Rs 4.02 crore in December 2019 up 1139.35% from Rs. 0.32 crore in December 2018.

Quarterly Net Profit at Rs. 0.07 crore in December 2019 up 104.05% from Rs. 1.69 crore in December 2018.
EBITDA stands at Rs. 0.33 crore in December 2019 up 123.24% from Rs. 1.42 crore in December 2018.

Goenka Diamond appears to be a promising multibagger stock. Pl share your views.

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RKD
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Posts: 16
Joined: Sun May 10, 2020 6:30 pm

Re: Goenka Diamond hits upper circuit today, may be multibagger

Post by RKD »

Goenka Diamonds has a few virtues. I have put it in my scanner and will study it carefully.

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