1. Fundamentally great company. Stock is trading at 0.53 times its book value Company has delivered good profit growth of 63.2% CAGR over last 5 years. p/e is 3.39
2. Technically well placed too. 3. Short to medium term trade. 4. Buy above the white line keeping sl below the white line on closing basis.Very small sl.
Note
Just the beginning. Hold the trade. 15% in such a market. long way to go.
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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.