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Munish_Jain
Oct 16, 2023 7:07 AM

ORIENTPPR | Multiyear Breakout Long

ORIENT PAPER & INDNSE

Description

📊 DETAILS
Sector: Paper & Forest Products
Mkt Cap: 1,084 cr

Orient Paper & Industries Ltd is engaged in manufacturing and selling of paper and other products including Caustic soda Lye, C.S Flakes, Liquid Chlorine and Hydrochloric Acid.

TTM PE : 8.39 (Average PE)
Sector PE : 7.22
Beta : 1.10

📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

13.88% away from 52 week high
Underperformer - Orient Paper and Industries down by -4.76% v/s NIFTY 50 down by -2.17% in last 1 month

📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

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Comments
thrilledTacos38363
Have you closed this trade?
Munish_Jain
@thrilledTacos38363, this fall wasn't ordinary.. stocks should recover, I couldn't exit.
rupeshdeshmukh3564
jai gurudew ji...!!
Munish_Jain
@rupeshdeshmukh3564 entered a bit early. No worries, got another condition to filter stocks like this
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