Reasons for buying:
PE is reasonable.
Buy PE of 7.5 is less than 10 years PE median of 7.94.
Earnings have been increasing since 2016.
Return on equity is good at 22%.
Close to zero debt company.
Low volume stock.
The market cap of the company is ₹271cr.
Buy date: 31-Mar-2021
Qty: 29 Buy Price: ₹336 Buy EPS: 44.74 Buy PE: 7.51
Q4 results were not released.
The company is up about 40% from where I had bought.
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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