You are Here : Moneycontrol Forum Forum Topics Stocks

Kalyani Steels

Silver Member

1050 Messages

It had become a known cycle for this stock. It will hit 90-100 mark once in 5-7yrs and then go back up till 450 and then again go down. No strength at all to go beyond that level. Not surprising at all as its revenue has remained stagnant over the last 3-4years, no EPS expansion. No plans of large capex initiatives. Just sitting with the same things over the years. Im invested from very lower levels so it wont hurt but those who have invested at higher levels be careful bcs there wont be any surprises in terms of EPS, Profitability, ROA, ROE so prices wont go up. 450 seems to be the top for next 1-2years at least and then anyway bear cycle is going to kick in.

1.37 PM Sep 21st
We take the quality of the messages posted on forum as seriously as our articles. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum.
Disclaimer : The views expressed in the forum are the views of the user writing the post, and not that of You agree, by accessing this forum, that bears no liability for any posts on this forum or, any losses suffered by following any advice posted on this forum. operates this real time, open, unmoderated, private forum for users to exchange information and to discuss various investing techniques. or, its personnel do not post anything, or vet the content posted, on this forum. reserves the right to deny service to anyone. You, and not, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility.


Get your own permanent - nickname

Choose your nickname

Your permanent Nickname can be distinct from your username and no one need know the link between the two.