#StockTips #Nifty #Textile #IndoCountIndustries
INCO
COUNT could be the
best stock to invest in the TEXTILE Sector.
Why?
1)
The stock has got beaten down last 1 year
, giving a large room to rise
2)
Current PE Ratio stands at 13 with a PEG
ratio of 0.15
3)
Since Indo count’s business is largely
from US, so not much effected by GST
4)
Have reduced its debt significantly
Another major reason is that it will
have robust figures in Q1 .