Interesting setup in DLINK-INDIA: Current Price ₹ 420
Dlink is a very well known name in the Internet hardware industry and we all have our DLINK modems at home or offices. Not just that the company has a vast product line that rages from Home to Businesses like Switching, Security cameras, Networking and accessories.
I want to draw the attention to the crazy interesting fundamentals in addition to the technicals i have shared.
Market Cap: ₹ 1,492 Cr. Sales: ₹ 1,341 Cr. Enterprise Value: ₹ 1,462 Cr.
High / Low: ₹ 729 / 295
Stock P/E: 14.8 Industry PE: 28.2
Debt to equity: 0.01
ROCE : 29.5 %
ROE: 22.3 %
Debt: ₹ 5.61 Cr.
Equity capital ₹ 7.10 Cr.
EPS: ₹ 28.3
Current ratio: 2.81
Pledged percentage: 0.00 %
These are essentially the parameters that any big investor with heavy buying capacity would look at. A no debt company with aggressive ROCE & ROE with a bright future ahead.
The stock is heavily corrected, see this as a sale and it has all the potential to go back to 700+ levels because investors will buy these companies first. Now it is forming Inverse Head and Shoulder pattern that can result to target of 550+
Again, these are my ways of understanding so I can't give any buy of sell recommendation. Please consult your financial advisors, they might agree too:)
Do boost the post, if you get value from it.
Dlink is a very well known name in the Internet hardware industry and we all have our DLINK modems at home or offices. Not just that the company has a vast product line that rages from Home to Businesses like Switching, Security cameras, Networking and accessories.
I want to draw the attention to the crazy interesting fundamentals in addition to the technicals i have shared.
Market Cap: ₹ 1,492 Cr. Sales: ₹ 1,341 Cr. Enterprise Value: ₹ 1,462 Cr.
High / Low: ₹ 729 / 295
Stock P/E: 14.8 Industry PE: 28.2
Debt to equity: 0.01
ROCE : 29.5 %
ROE: 22.3 %
Debt: ₹ 5.61 Cr.
Equity capital ₹ 7.10 Cr.
EPS: ₹ 28.3
Current ratio: 2.81
Pledged percentage: 0.00 %
These are essentially the parameters that any big investor with heavy buying capacity would look at. A no debt company with aggressive ROCE & ROE with a bright future ahead.
The stock is heavily corrected, see this as a sale and it has all the potential to go back to 700+ levels because investors will buy these companies first. Now it is forming Inverse Head and Shoulder pattern that can result to target of 550+
Again, these are my ways of understanding so I can't give any buy of sell recommendation. Please consult your financial advisors, they might agree too:)
Do boost the post, if you get value from it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.