Reasons for buying:
PE was reasonable.
Buy PE of 15.27 is less than 10 years PE median of 15.67.
Earnings growth is good since 2012.
Return on equity is good at 18%.
Close to zero debt company with ₹1,660.50cr cash.
The market cap of the company is ₹36,634.17cr.
Buy date: 22-Dec-2020
Qty: 92 Buy Price: ₹108 Buy EPS: 7.07 Buy PE: 15.27
Q4 results were not released but the current EPS is 7.3 up about 3.25% from my buy EPS in Q3.
The price of the stock is up about 39% from my buy price and received ₹298 as dividends so far.
19-09-2022
I sold 92@337.20 on 12-09-2022 when PE is 30.
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