O P Chains Ltd Stock Research

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O P Chains Ltd Detail

O P Chains Ltd is in portfolio of Anil Kumar Goel. He is one of the top investors in India. The company belongs to Trading sector.

As per the Company website it has core business of Bullion trading of Gold and Silver and other precious metals. It offers wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewelers and semi-wholesalers.

It is local player and majorly have presence in bullion market of Agra. It acts as intermediary in bullion trading industry whereby we purchase materials such as Gold, Silver and other precious metals etc. from State Trading Corporation of India, Hindustan Zinc Limited, ICICI Bank Limited, Punjab National Bank Limited and SB Ornaments Pvt. Ltd., and supply the same to customers in the Jewelry industry to various jewelers and related business.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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O P Chains Ltd Stock Performance

The stock has not given any positive returns over the years. It is recent listing on stock exchanges. It got listed at price of 13 INR in year 2015.

2 year is short period to make any conclusion remark about any Company. Many companies have cooling off period after initial offering. If also had but after that it has zig zag movement which does not signify any performance based movement.

O P Chains Ltd My Opinion

O P Chains Ltd is a Trading Company. The Company is local player majorly present in Agra bullion trading market. It mainly makes money by acting as intermediary. It buys precious materials in bulk and sells them to smaller players. Thus making money by difference in the process.

The growth is related to quantity of materials it can transact and margin involved in it. I am not too optimistic of growth in this model of business to be honest.

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I am not interested in this type of Company. These are pure trading play and there is lot of uncertainty. I would not recommend adding these type of stocks to portfolio. It is better to have consistent stock in portfolio for retail investors.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.


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