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Rain industries is supported by many Ace pickers and the outcomes are due next month. The peer Goa Carbon just isn’t into cement, but has concentrated business in electrodes. they have posted good results which is seen as a good parameter scale for rain , rain itself has carried out well final time and the results had been good. There may be also improve of electrode costs worldwide resulting from demand and Chinese shutting down their items as a result bid4papers of air pollution points. Graphite electrode was a small sector however that was the most performing sector of final yr (rain was 10 bagger goa carbon was 10 bagger, HEG,and others followed suite. ). Future development is predicted good and you can see Goa Carbon touching higher highs. Motilal Oswal has fixed target for Rain as 492. This 12 months, certain growth will continue in my opinion, but i dont suppose it will be a ten bagger like last 12 months (from forty four to 450 vary).
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