Reasons for buying:
Buy PE was reasonable at 16.52 and below 10 years PE median of 19.32.
Earnings have been increasing since 2012 and there is a dip in 2021.
Return on equity is good at 17.77%.
The market cap of the company is ₹167.27cr.
The debt of the company is ₹2.86cr with ₹4.97cr in cash.
Buy date: 18-Jun-2021
Qty: 169 Buy Price: ₹59 Buy EPS: 3.57 Buy PE: 16.52
Q4 results were released on 7th June.
The price of the stock is up about 1.53% from my buy price.
The company provides structural engineering and detailing mechanical engineering services and information technology services. It generates a majority of revenue from structural engineering services. The share price returned 17.39% in the last decade.
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