Reasons for buying:
Buy PE was reasonable at 13.71 and below 10 years PE median of 23.42.
Earnings have increased 3 times from 2015.
Return on equity is good at 24.54%.
The market cap of the company is ₹2943.44cr.
The debt of the company is ₹197.95cr with ₹495.6cr in cash.
Buy date: 27-Sep-2021
Qty: 17 Buy Price: ₹580 Buy EPS: 42.29 Buy PE: 13.71
The price of the stock is up about 0.57% from my buy price.
The company manufactures, markets, and trades lubricants and greases used in automotive and industrial industries.
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