Reasons for buying:
PE was reasonable.
Buy PE of 12.38 is less than 10 years PE median of 17.24.
Earnings have doubled from 2014.
Return on equity is good at 15%.
Zero debt company with ₹268.98cr cash.
The market cap of the company is ₹3,182.98cr.
Buy date: 4-Dec-2020
Qty: 37 Buy Price: ₹267 Buy EPS: 21.55 Buy PE: 12.38
Q4 results were released on May 26th and the current EPS is 25.4 up 17.87% from my buy EPS.
The price of the stock is up about 33.13% from my buy price.
Disclaimer: The video is for educational purposes and for my friends and family. 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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