Strong Fundamental with sales and profits growth. a) P/E 4.81 b) P/B 0.96 c) ROE 38.50 % d) ROCE 8.34% e) Dividend Yield 13.61% i.e., Rs 10 per share f) Operating Income has grown well for the company over past 3 years CAGR 38.02%
Technical The price was consolidating inside Darvas Box past 6month and given a Resistance breakout
Entry will be at retest level Rs 72, Target Rs 78.25, 82.80 & 94.50 and Stop Loss Rs 67.80
Thanks
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Trade closed: stop reached
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:-( , high dividend yield stock, good for passive income on annually basis !!