Reasons for buying:
Buy PE was reasonable at 7.65 and above 10 years PE median of 6.40.
Earnings have been increasing since 2015.
Return on equity is good at 17.78%.
The market cap of the company is ₹1,167.64cr.
The debt of the company is ₹260.72cr with ₹171.00cr in cash.
Buy date: 18-Jun-2021
Qty: 23 Buy Price: ₹430 Buy EPS: 56.16 Buy PE: 7.65
Q4 results are going to be released on 30th June.
The price of the stock is up about -0.19% from my buy price.
The company produces sugar and caustic soda. It also operates in power generation and industrial chemicals as well. The share price returned 16.82% in the last decade.
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