Targets 3478 and 3997 as the 3rd Wave arrives
Good Fundamentals:
High Management Efficiency with a high ROE of 22.80%
Company has a low Debt to Equity ratio (avg) at -0.79 times
With a growth in Net Profit of 161.04%, the company declared Very Positive results in Mar 21
The company has declared positive results for the last 2 consecutive quartersPBT LESS OI(Q) At Rs 97.30 cr has Grown at 191.32 %PAT(Q) At Rs 83.40 cr has Grown at 156.6 %ROCE(HY) Highest at 32.96 %
High Institutional Holdings at 33.53%
These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Good Fundamentals:
High Management Efficiency with a high ROE of 22.80%
Company has a low Debt to Equity ratio (avg) at -0.79 times
With a growth in Net Profit of 161.04%, the company declared Very Positive results in Mar 21
The company has declared positive results for the last 2 consecutive quartersPBT LESS OI(Q) At Rs 97.30 cr has Grown at 191.32 %PAT(Q) At Rs 83.40 cr has Grown at 156.6 %ROCE(HY) Highest at 32.96 %
High Institutional Holdings at 33.53%
These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Trade closed: target reached
Idea closed at 4000 after achieving 2nd target with profit of 18%Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.