the bigger the base, the higher in spacethe chart says it all. Carbacid is a phenomenal company with a leading market position in the East African region. this moat is reflected in the company's stable financial metrics.
Mr Patel, a prominent investor on the NSE has increased his stake from approx. 25% to 49.9% over the past decade. One would be hard-pressed to find a company with a much stronger balance sheet.
wrt technicals, we'd need a much cleaner breakout to trigger an entry.
