IT stockfundamental stock analysis
ROCE 20.6%, ROE 18.2%
P/E RATIO 30.4 low its peers and its average life PE
company has delivered good profit growth of 45.5% CAGR over last 5 years
company has been maintaining a healthy dividend payout of 19.4%
HIGHEST EVER EPS: 59.74
NEGATIVE
PROMOTERS slightly decreases 58.15% to 57.99%
FII decreases 21.59% to 15.83% and DIIS also
Routemobile
ROUTE takes the Route towards its high :P LONG TRADE.A successful breakout today from Symmetrical triangle inching towards it's previous All Time High. The stock has a potential of going higher then its ATH . It took a support of the falling channel and the lower trendline(now for symmetrical triangle)
One can wait for a retest to occur and buy around 670 levels for a short term trade. Well the Risk takers can buy the stock at CMP (1693) around 1700.
Rsi also looks in good bullish momentum currently at 64.
#Pure Price action.
Chart of the Week (22/05/21)This week we look at Route Mobile for targets of Rs.1925 as it gets ready to come out of a triangle pattern. The Stop Loss is going to be your your lower line in the triangle. Route Mobile is a CPaaS player and is one of the best in terms of finacial numbers in the industry. A stock analysis for the same was also made on my YouTube Channel. Good company.