InfinityCapital

APLL Ltd buy above 877

Long
NSE:APLLTD   ALEMBIC PHARMACEUT
I will be buying this stock above 877

Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. it has broken 2014 highs with all-time highest volume since IPO in 2012.

Fundamental:
This stock shows excellent sales and profit growth

5 years of sales growth - 17.5%
5 years of profit growth - 25%
Margins are quite good at 27%, there has been a steady growth in the margin in this company.
Debt has increased by 54% since last year, one needs to be a bit careful there.

TTM earnings up 41%
Trade active
Trade active:
Added 2x at 915. working well. BO on above-average daily volume with one hour of trading commencement. it's a good sign

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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