Reasons for buying:
Buy PE was reasonable at 19.24 and below 10 years PE median of 19.75.
Earnings have increased from 2014 till 2019 and a noticeable dip in 2020.
Return on equity is ok at 13.09%.
The market cap of the company is ₹1593.61cr.
The debt of the company is ₹0.88cr with ₹239.3cr in cash.
Buy date: 11-Aug-2021
Qty: 74 Buy Price: ₹134.3 Buy EPS: 6.98 Buy PE: 19.24
Q4 results were released on 27th July.
The price of the stock is up about 15.87% from my buy price.
The company's businesses include Visa/Passport and OCI Application service, attestation, BLS Visa COnsultancy, and BLS Embassy Notification Services.
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