Reasons for buying:
Buy PE was reasonable at 16.64 and below 10 years PE median of 17.86.
Earnings have increased since 2014 with a dip in 2016.
Return on equity is excellent at 28.08%.
The debt of the company is ₹1,625.12cr with ₹78.30cr in cash.
The market cap of the company is ₹24,973.86cr.
Buy date: 09-Sep-2020
Qty: 14 Buy Price: ₹711.52 Buy EPS: 42.74 Buy PE: 16.64
Q4 results were released on 29th April and the current EPS is 45.34 up about 6.08% from my buy EPS.
The price of the stock is up about 20.74% from my buy price. I received a dividend of ₹84.
The company manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The company derives revenue from India, Latin America, and Africa. The share price returned 10.15% in the last decade.
No comments:
Post a Comment