PE was reasonable.
Buy PE of 7.66 is less than 10 years PE median of 13.56.
Earnings have been increasing since 2012.
Return on equity is ok at 13%.
Return on assets is 2.92%
The market cap of the company is ₹11,041.32cr.
Buy date: 18-Jan-2021
Qty: 9 Buy Price: ₹1078.65 Buy EPS: 140.81 Buy PE:7.66
Q4 results were released on 30th April and the current EPS is 161.13 up about 14.43% from my buy EPS.
The price of the stock is up 54% from my buy price and I should see a multi-bagger as EPS is up and if the PE goes up till 10-year median PE.
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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