With InDspace this sector will see good growth In future Company spends around 8 to 9 percent of its turnover on research and development expenditure.
Technical Sectoral breakout (already in bull run) Breakout of stock with heavy volume ( pull back expected ) Fundamental : Eps jump both last march 2023 qtr and fy 2023
• ROCE 37.1% • ROE 30.7% Debt to equity 0.27
Bad Promoter holding 40.1% Borrowing increased but very small can be paid with cash flow Share capital Increased became 4 times