AISL - SME STOCK LONG BREAKOUT (SALES > MKTCAP) Hi All,
This idea is about ANI Integrated Services Ltd
Fundamentals
Mkt Cap - 134 Cr
Sales - 188 Cr
Mkt Cap /Sales - 0.72
EPS - 5.84
ROE - 11.4%
ROCE - 13.7%
D/E - 0.46
Sales has exceeded Mkt Cap which could mean Stock Price can rise exponentially
Technicals
Price has broken a long resistance of 75-80 levels and then broken next resistance zone as well. It has diverged a lot from Moving Averages so recommend buy at pull back
There has been a consistent uptrend in Sales which is a very positive sign
Happy Trading,
Thanks,
Stock-n-Shine