GNFC has posted strong quarterly result. The company has posted higher sales and profit. Its Dahej plant will also restart soon. Moreover the company also has 2 month export order in hand.
Technically the stock has give strong pull back rally, amidst a volatile market. It has closed above its 50% retarcement line, and taken resistance at 38%.
Given the condition one can expect this stock to perform well in the near future.
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