Reasons for buying:
PE is reasonable
Buy PE of 6.6 is less than 10 years PE median of 7.23.
Earnings have been consistently increasing for the last 5 years.
Operating margins are good.
Return on equity is good in the last 5 years.
Debt is low at 0 cr and cash is 94 cr.
Altman Z-Score is 2.75 and less than 3.
The market cap of the company is 422 cr.
Buy date: 05/07/2021
Buy Price: 1760 Qty: 5 Buy EPS: 266.49 Buy PE: 10.06
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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