Posted On: August 10, 2023

Stock Report: SKIPPER (NSE) 09 Aug 2023 

Outlook: BULLISH

Sector: Industrials 

Industry: Engineering & Construction 

Skipper Limited, established in 1981 and headquartered in Kolkata, India, is a prominent manufacturer of transmission and distribution structures. Part of the SK Bansal Group led by Sajan Kumar Bansal, the company has around 2,100 employees and recorded a revenue of 1,711.09 crores INR in March 2022. It operates under the subsidiary Skipper Pipes Limited, showcasing its extensive industry presence and innovation. 

#xCalData predicts that # SKIPPER will continue its bullish phase over the next five days and trend within the range of 181 to 207.  

In comparison to the previous month, the price of the stock has experienced an increase of 22.31% indicating a bullish.    

The Stock has doubled Once since 08 Sep 2015 and took an average of 1.9 years to double.   

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given Negative returns in 2 years in the past. 

All of the technical ratio’s trend towards Bullish side of the spectrum.  

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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