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
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.