harishnarayan2579

Sharda Motors - Long term Idea

Long
harishnarayan2579 Updated   
BSE_DLY:SHARDA   None
Multi-year break out from 950 levels
PE = 16 , less than IND PE 31
PEG < 1
Almost Debt-free
Good ROCE, ROE numbers
Profit is growing around 20%
EPS - 10x in 10 years, 3x in 5 years
Trade active:
Sharda Motors CMP >1600
Buyback announced for 1800

Stay invested for bigger gains
Trade active:
Sharda Motors All time High 1675+
Stay invested.
Trade active:
Buyback active
Buyback price : 1800
entitlement : 5 out of 24 shares
Trade closed: target reached:
Sharda Motors 1800+
Book profits. Optionally hold at comfortable valuations for long-term as per risk appetite

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