Long

Andhra Paper Clear Breakout

Updated

An undervalued company with P/E<5. Not every low P/E are good. But Andhra paper is exceptionally good in terms of fundamentals. Working capital reduced drastically. Improved profitability and operating cashflow with stellar operating profit margin. Expected Target 880.

Can be held long term as well as it's undervalued.

Disclosure: Holding before this stellar breakout

Trade active

Not worried about this stock. Look at the buying pressure which has led to formation of long wick at the bottom. Oct 30 Q2 results.

Note

Q4 PAT fell by 77%

naraykln

Also on:

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.