Wednesday 16 November 2022

Tanfac Industries Update

Reason for buying:



PE is reasonable and less than 10 years PE median of 12.9.

Earnings are ok in the last 2 years.

Operating margins are above 15%.

Return on equity is good for the last 5 years.

Debt is low at 0 cr and cash is 0 cr.

Altman Z-Score is 9.72 and above 3.

The market cap of the company is 229 cr.


Buy date: 05/10/2021

Buy Price: 231         Qty: 43         Buy EPS: 21.2        Buy PE: 10.89

Q4 results were released on May 11th and EPS has dropped 17.36% to 17.52


Sold Date: 11/17/2022

Price: 1,188.6 Qty: 43 Eps: 39.62 PE: 30

Profit: 41,563.8 including 387 in dividend

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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