S.J.S. Enterprises has an operating revenue of Rs. 398.75 Cr. on a trailing 12-month basis.
An annual revenue growth of 47% is outstanding, Pre-tax margin of 20% is great, ROE of 15% is good.
The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA.
It needs to take support around the 50 DMA level to continue further upside move.
Wedge with double bottom.
Can expect a very good move above 510.
I have placed a buy now @ 475
An annual revenue growth of 47% is outstanding, Pre-tax margin of 20% is great, ROE of 15% is good.
The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA.
It needs to take support around the 50 DMA level to continue further upside move.
Wedge with double bottom.
Can expect a very good move above 510.
I have placed a buy now @ 475