GE T&D - A potential 'Doubler' or a 'Multibagger' in making
#GE T&D cmp 237
It is part of flagship GE Group. Low market float with 75% promoter holding of group, recent slight increase in FII holding, increasing interest of DIIs that left around 8.1% in the kitty of public holdings.
Listed since 2003 on BSE and formed part of NSE in 2016, the scrip has seen recent buying interest with ongoing buzz in the sector.
Not great on fundamental zones as of now, however on technical charts this looks great and settling above 242 will be extremely positive for this scrip.
It is part of flagship GE Group. Low market float with 75% promoter holding of group, recent slight increase in FII holding, increasing interest of DIIs that left around 8.1% in the kitty of public holdings.
Listed since 2003 on BSE and formed part of NSE in 2016, the scrip has seen recent buying interest with ongoing buzz in the sector.
Not great on fundamental zones as of now, however on technical charts this looks great and settling above 242 will be extremely positive for this scrip.