Reason for buying:
PE is reasonable and with more than 10 years PE median of 5.52.
Earnings have increased although unevenly in the last 5 years.
Operating margins have improved in the last 3 years.
Return on equity has improved in the last 3 years.
Debt is low at 20 cr and cash is 0.69 cr.
The threat of the company’s solvency is less; Altman Z-Score is 12.52
The market cap of the company is 648 cr.
Buy date: 05/14/2021
Buy Price: ₹704 Qty: 14 Buy EPS: ₹75.08 Buy PE: 9.37
27th May 2021:
Q4 results: Current EPS is 99.21 and increased by 32.14% from my
buy EPS.
Buy date: 07/13/2022
Price: ₹600.75 Qty: 16 EPS: ₹62.75 PE: 9.57
Sell date: 11/18/2022
Price: ₹534.75 Qty: 30 EPS: -₹13.84 PE is negative
It is making losses for the last 2 quarters so sold it. I lost ₹3,359.5 in this stock.
Disclaimer: The video is for educational purposes for my family and
friends. 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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