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Rain industries is supported by many Ace pickers and the results are due subsequent month. The peer Goa Carbon shouldn’t be into cement, but has concentrated business in electrodes. they have posted good outcomes which is seen as a very good parameter scale for rain , rain itself has performed nicely last time and the results were good. There is additionally improve of electrode prices worldwide because of demand and Chinese language shutting down their models as a result bid4paper of pollution points. Graphite electrode was a small sector however that was essentially the most performing sector of last yr (rain was 10 bagger goa carbon was 10 bagger, HEG,and others adopted suite. ). Future growth is predicted good and you can see Goa Carbon touching larger highs. Motilal Oswal has fixed goal for Rain as 492. This yr, sure progress will proceed in my view, but i dont suppose will probably be a 10 bagger like last 12 months (from 44 to 450 vary).
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