Friday 17 September 2021

Aditya Birla Money

Reasons for buying:

Buy PE was reasonable at 19.24 and below 10 years PE median of 26.94.

Earnings have improved from 2012, not my high conviction bets but I am optimistic but broking business.

Return on equity is good at 39.88%.

The market cap of the company is ₹351.16.

Buy date: 13-Sep-2021

Qty: 163 Buy Price: ₹61 Buy EPS: 3.17 Buy PE: 19.24

The price of the stock is up about 2.01% from my buy price.

The company is in broking and related activities.

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