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Rain industries is supported by many Ace pickers and the outcomes are due subsequent month. The peer Goa Carbon isn’t into cement, however has concentrated business in electrodes. they have posted good results which is seen as a superb parameter scale for rain , rain itself has performed effectively last time and the outcomes were good. There’s additionally increase of electrode prices worldwide on account of demand and Chinese shutting down their units on account of pollution points. Graphite electrode was a small sector however that was probably the most performing sector of last 12 months (rain was 10 bagger goa carbon was 10 bagger, HEG,and others adopted suite. ). Future progress is anticipated good and you’ll see Goa Carbon touching higher highs. Motilal Oswal has mounted target for Rain as 492. This yr, certain development will proceed in my view, but i dont assume it will likely be a ten bagger like last yr (from forty four to 450 range).

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