Reason for buying:
PE is reasonable and less than 10 year PE median of 13.12.
Earnings have increased for the last 5 years.
Operating margins are ok.
Return on equity is good.
Debt is low at 28 cr and cash is 48 cr.
The threat of company’s solvency is ok; Altman Z-Score is 10.52
The market cap of the company is 495 cr.
Buy date: 05/14/2021
Buy Price:
19 Qty:
508.65 Buy EPS:
43 Buy PE: 11.82
26th May 2021:
Q4 results: Current EPS is 45.68 and increased by 6.23% from my
buy EPS.
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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