Tuesday 1 June 2021

Srikalahasthi Pipes

PE was reasonable.



Buy PE of 5.90 is less than 10 years PE median of 6.81.

Earnings were lackluster.

Return on equity is at 7.14%.

The debt of the company is 533.34cr with 363.00 cr cash.

The market cap of the company is 870.69cr.


Buy date: 01-Feb-2021

Qty: 67   Buy Price: 145    Buy EPS: 24.54    Buy PE: 5.90


Q4 results were released on May 4th and the current EPS is 22.22 down 9.45% from my buy EPS.

Bought it as stock is trading at low PE they had a loss in Q1 2020 if they can profit in Q1 2021 the EPS will increase and even if it trades at 10 year PE median I possibly can see an increase of 25%.

The price of the stock is up about 28% 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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