SCHAND.NSE S Chand & Co. Ltd

Prabhudas Lilladher is bullish on S Chand and Company has recommended buy rating on the stock with a target price of Rs 257 in its research report dated May 31, 2023.

Net Sales are expected to increase by 18.2 percent Y-o-Y (up 519.5 percent Q-o-Q) to Rs. 404.1 crore, according to Prabhudas Lilladher.

S Chand and Company price has broken out from the downward sloping trendline, adjoining the highs of December 5, 2022 and January 3, 2023. Short term trend of the stock is positive as stock price is trading above its 5 and 20-day EMA.