Reasons for buying:
PE is reasonable.
Buy PE of 8.54 is less than 10 years PE median of 12.72.
Earnings have improved in the last 5 years.
Operating margins are good.
Return on equity is around 40%.
Debt is low at 31cr and cash is 58 cr.
Altman Z-Score is 6.44 and above 3.
The market cap of the company is 315cr.
Buy date:
Qty: 47 Buy Price: 211 Buy EPS: 24.7 Buy PE: 8.54
Q4 results are scheduled to be released on 3rd June.
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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