This particularly, is a very good stock to buy as per my study With a good combination of technical and fundamental indications this looks a good stock.
Technical aspects:-
Trendline (Uptrend) Dynamic support of averages in multiple time frames Retracement levels From 0.618 Breaking a resistance.
Fundamental Aspects:- Market Cap:-33200cr PE:- 18.5 pros:- Company has reduced debt. Company is almost debt free. Company has been maintaining a healthy dividend payout of 38.45% Cons:- Company has high debtors of 189.26 days. Promoter holding has decreased over last 3 years: -15.58%
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Formaing a double bottom good confirmation for upside
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very good potential for an upside move because it has tested a 0.5 retracement