Reasons for buying:
Buy PE was reasonable at 7.47 and below 10 years PE median of 11.52.
Earnings have increased from 2012.
Return on equity is ok at 16.83%.
The market cap of the company is ₹1312.20.
The debt of the company is ₹70.86cr with ₹146.44cr in cash.
Buy date: 13-Sep-2021
Qty: 24 Buy Price: ₹411 Buy EPS: 54.95 Buy PE: 7.47
The price of the stock is up about 1.89% from my buy price.
The company manufactures automotive chains, sprockets, and metal-formed parts.
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