A long multi year consolidation is coming to an end. In turbulent times in the market it is always a good move to fall back on the very safe bets for long term.
Fundamentally: - Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 17.23% - Healthy long term growth as Operating profit has grown by an annual rate of 22.46% - The company has declared Positive results for the last 13 consecutive quarters - PBDIT(Q) Highest at Rs 11,752.25 cr. - PBT LESS OI(Q) Highest at Rs 5,396.34 cr. - PAT(Q) Highest at Rs 3,999.73 cr.3 - High Institutional Holdings at 35.96%
With its market cap of Rs 4,71,254 cr, it is the second biggest company in the sector (behind Life Insurance) and constitutes 10.77% of the entire sector. Its annual Sales of Rs 62,278.71 are 2.83% of the industry
*DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.
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