Rajandran R Follow Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Fundamental Pick : Pidilite Industries

August 20, 2008 26 sec read

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Stock : Pidilite Industries

CMP : Rs 142

Target : Rs 175

Time Frame : 4-5 months

Returns : more than 20%

Pidilite is the leader in all its major product categories viz., construction adhesives,art material
products, industrial pigments/resins. The company is taking the inorganic route to aggressively

grow its presence in the international markets which presently accounts for 8% of the revenues.

The Buy call is Simply Based on the ROE. Return on Equity which is simply more than 20% every

Year for this Stock. Technically speaking the stock popped out just above the investors buying range

and also above 20 day EMA.

Gain is Slow and Steady. Fundamental players can stick to it!!