Reasons for buying:
PE is reasonable.
Buy PE of 10.4 is more than 10 years PE median of 9.75.
Earnings have been increasing in the last 5 years.
Operating margins are improving.
Return on equity is improving.
Debt is low at 8.87cr and cash is 2.59 cr.
Altman Z-Score is 5.92 and above 3.
The market cap of the company is 120cr.
Buy date: 05/04/2021
Qty: 38 Buy Price: 260 Buy EPS: 24.98 Buy PE: 10.4
Q4 results are not released yet.
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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