Both Technical and Fundamentals of Daawat(LT Foods) are strong.
Technical - More room for stock price appreciation for 2 reason
1. LT Foods trading around 8 P/E & 1.20 BV against KRBL's 12.50 P/E & Book value of 2.25
2. Result of LT foods for past 2 quarter were good compared to KRBL. Hence P/E and B/V of LT Foods should appreciate.