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hardeepssethi
Dec 25, 2023 1:11 AM

Piramal Enterprises Ltd - Value Investing? 

PIRAMAL ENTERPRISENSE

Description

Piramal Enterprises Ltd - Analysis

  • The stock is displaying a promising bullish candlestick pattern, signaling a potential halt to its recent downtrend and a possible upward turn in the short term.

  • There is price and psi divergence seen on daily chart, which is positive indication.

  • Moreover, the stock seems to present an appealing value investment opportunity based on two crucial valuation metrics:
  • Price/Book Ratio of 0.69: This indicates that the stock price is relatively low compared to the company's book value, reflecting a potentially undervalued asset.

  • Price/Cash Flow Ratio of 14.12: This ratio suggests that the share price is reasonably low when weighed against the company's generated cash flow, indicating a potentially favorable investment in terms of cash flow generation.

  • Additionally, the Earnings Yield of 18% signifies the return the company generates on each invested dollar, indicating a relatively robust performance in generating earnings.


PLEASE NOTE THAT:
  • This chart analysis is only for reference purpose.
  • This is not buying or selling recommendations.
  • I am not SEBI registered.
  • Please consult your financial advisor before taking any trade
Comments
TKMum
Your analysis is very good 👍, keep it up, also thanks for sharing new idea
hardeepssethi
@TKMum, Thanks and appreciate!!
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