Ganesh benzoplast - Breakout Ganesh Benzoplast LimitedNSE:GANESHBEshubham_sali Ganesh benzoplast operates in 2 main segments 1. Liquid Storage & Logistics Infrastructure - They provide bulk liquid storage and handling services for chemicals, petroleum products, edible oils, etc. at major port terminals like JNPT Mumbai, Cochin, Goa. 2. Chemical manufacturing - They manufactures and sells chemical products like Benzoic acid and sodium benzoate, enzoplast and other specialty plasticizers, Lubricant additives and other industrial chemical components. * What interests me here is their manufacturing of sodium benzonate which is widely used as food preservatives. And due to current Genz lifestyle demand for food preservatives is huge in India and globally and is expected to rise by 3-4% cagr. So we are talking about a huge opportunity. With a market cap of 592 cr Ganesh benzoplast is a leading manufacturer of sodium benzonate. Fundamentals - 1. PE - 7 2. ROE - 13 3. ROCE - 17 4. cash flow - positive Technically stock is down almost 70% from it's high and has formed an inverse head and shoulder pattern which gave a breakout at 84 price. It give a small pullback after it's breakout and the stock is at a great level to make a purchase. * Disclaimer - Do your own research before making any trade.