Stock Analysis: Radhika Jeweltech

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Introduction:
RJL is a jewelry retailer based out of Rajkot, Gujarat. It primarily deals in Gold, Diamond and Customized jewellery. Company has served
20 lakhs+ customers till date. RJL offers services that include jewelry repairs, resizing, and cleaning.

Fundamentals:
Market Cap: โ‚น 1,094 Cr.;
Stock P/E: 17.5 (Ind. P/E: 28.82) ๐Ÿ‘;
ROCE: 25.8% ๐Ÿ‘; ROE: 20.5% ๐Ÿ‘;
3 Years Sales Growth: 36% ๐Ÿ‘;
3 Years Compounded Profit Growth: 31% ๐Ÿ‘;
3 Years Stock Price CAGR: 42% ๐Ÿ‘;
3 Years Return on Equity: 19% ๐Ÿ‘

Technicals:
Resistance levels: 103, 112, 125, 150
Support levels: 91, 84, 75
Radhika Jeweltech is trading below important crossover level 9 EMA(Orange Line) just below the 21 EMA (Black Line).

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