It is a 2-day candlestick pattern in which there is a long green candle on the next day within the range of the previous day but that closes below the midpoint of the previous day’s candlestick body.
While all textile companies are set to benefit from the China-plus-one theme, KPR Mill’s main feature, vertical integration, makes it the leader of the pack. Also, increased power costs and instability in Vietnam and Bangladesh, the two main competitors, are helping India become the most lucrative destination.
A standard method of evaluating the effectiveness of retained earnings is to consider it with the market value. The following five companies from the set of 569 companies are the ones that have a market cap greater than Rs.10,000 crore and are covered by a decent number of analysts. Also, these stocks are currently offering a double-digit share price potential