Reasons for buying:
PE is reasonableBuy PE of 12.79 is less than 10 years PE median of 14.37.
I bought the stock for dividends and price appreciation is a bonus. I am planning to reinvest the dividends in the same stock.
The market cap of the company is 1069 cr.
Buy date: 05/07/2021
Buy Price: 457.6 Qty: 21 Buy EPS: 35.77 Buy PE: 12.79
Q4 results are yet to be released.
Disclaimer: The video is for educational purposes and for my friends and family. I am not a financial advisor and do not consider it as buy or sell. Taking advice from a random guy on the internet is harmful to your portfolio. I do not do a deep analysis of stocks I buy them just as a hobby.
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