Gujarat Ambuja Exports Limited is in edible oils & solvent extraction business, we have seen a good numbers (results) from this company. We have a company with strong fundamentals. 12 month trailing EPS at Rs.3.97, also at current market price (CMP) it trades at P/E of 10.18 again shows a undervalued stock.
Today (25-Oct-2010) the stock has hit an 52-week high of Rs.41.50, which gives a positive breakout signal to enter long in this stock.
Our analysis: Enter this stock above Rs.41.50, target for this comes at Rs.56. Place stop loss for this trade at Rs.33.