Reasons for buying:
PE was reasonable.
Buy PE of 12.26 is less than 10 years PE median of 14.04.
Earnings have improved in the last 8 years.
Operating margins are good at 30%.
Return on equity is around 15%.
The company is debt-free and cash is 85 cr.
Altman Z-Score is 27.35 and above 3.
The market cap of the company is 223cr.
Buy date: 12-Apr-2021
Qty: 22 Buy Price: 437.1 Buy EPS: 35.65 Buy PE: 12.26
Q4 results were not 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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