SAFARI- Box or Consolidation BO with very good volume
Name - SAFARI Pattern - Box or Consolidation Timeframe - Wkly Status - Breakout with very good volume Cmp - 2476 Target - 2945 SL - 2314
Pattern : A box pattern in technical analysis is a chart pattern that indicates a period of consolidation where the price moves within a defined range, forming a rectangular shape.
Fundamentals: Here are some key financial ratios for Safari Industries Limited:
Price-to-Earnings (PE) Ratio: 96.61 Price-to-Book (P/B) Ratio: 13.92 Debt-to-Equity Ratio: 0.093 Return on Equity (ROE): 25.8%2 Net Profit Margin: 9.87%1 Revenue Growth (5-Year CAGR): 44.7%2 These ratios indicate Safari Industries’ valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage, and the strong ROE reflects efficient use of equity.
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