Reasons for buying:
Buy PE was reasonable at 10.57 and above 10 years PE median of 8.56.
Earnings have increased 3 times since 2012.
Return on equity is ok at 21.45%.
The market cap of the company is ₹159.20cr.
The debt of the company is ₹2.41cr with ₹1.16cr in cash.
Buy date: 21-Sep-2021
Qty: 106 Buy Price: ₹94.02 Buy EPS: ₹8.89 Buy PE: 10.57
The price of the stock is up about 5.86% from my buy price.
Sold Date: 29-Nov-2021
Qty: 106 Price: ₹66.9 Buy EPS: ₹2.23 PE: 30
I have lost -₹2874 on this after holding for 434 days.
The company manufactures chemicals. A very low market cap company but I am hoping earnings will improve.
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