Reasons for buying:
Buy PE was reasonable at 11.6 and above 10 years PE median of 10.88.
5-year earnings average is 10.45%, increasing steadily from 2012 and 10-Year average revenue growth is 8.98%.
Return on equity is good at 15.83% but the 5-year average is 16.92%.
The market cap of the company is ₹975.13cr.
The debt of the company is ₹179.14 cr with ₹163.61cr in cash.
Buy date: 29-Nov-2021
Qty: 10 Buy Price: ₹963.2 Buy EPS: 83 Buy PE: 11.6
I will not be adding if the price drops because the earnings average is 10% and the 5-year average isn't 20% and does not fit my rules. The stock is ok to own for now will sell when PE hits 30.
The company engaged in manufacturing and selling insoluble sulphur. The business activity of the group is operated through the segments of chemicals and general engineering products. It generates maximum revenue from the chemicals segment. The company offers products such as sulphuric acid, Oleum, and Diamond sulf, among others. Geographically, it derives a majority of revenue from export.
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