Everest Industries - Techno Funda Pick

+ Ve
+ Zero debt company (Debt to equity 0.02)
+ Debt reduced from 79 Cr to 8 CR
+ MarCap to sales 0.57
+ Low Price to book value and PEG
+ PE 12.3 < Industry PE 22.2
+ Good early '21 and Quarterly results March'21
+ ROCE increased from 5% to 18%
+ FIIs increasing holding

-Ve
- Micro cap 700 CR company

Technical
+ Breakout of 2019 price
+ HH-HL structure on weekly chart
+ MACD and ADX favourable
+ Recently stock BO, retested and bounced from 200 SMA Weekly
+ Breaking Trendline Resistance