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chakraveer1104
May 29, 2023 5:32 PM

Angel One Ltd. : H&S Pattern  Long

ANGEL ONE LTDNSE

Description

Formation of the Head & Shoulder Pattern is clearly seen on the Chart. The Entry level , Targets and Stop Loss are mentioned on the chart.
Company's Fundamentals PE is only 12.15 against industry PE ratio of 21.14 with PB ratio of 4.95 only.

ROCE of 47.3 % one of the highest in the Industry.

Quarterly Revenue rose 23% YoY to Rs 831.1 Crores where as Its sector's average revenue growth YoY for the quarter was 15.7%.

Debt to Equity Ratio of 0.8 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

Interest Coverage Ratio is 12.9, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).

This analysis is only for education purpose and contains no tip to buy or sell any stock.

Good Luck !!!

Comment

Third Target Achieved today !!!
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