with new business coming up in retail and telecomm , space PE has been re rated from 10 to 22 in last one year, creating 100% return, as ARPU grow and retails start generating free cash flow growth, there will be massive rerating creating super performance for stock. stop loss: 1310 target 1450 duration 1 month
with excellent management, amazing price action and PE increasing from 10,12,13 in last five years, massive pe rerating is on the cards, as earning will increase with multiple revenue streams. support at 610-615 targets: 650-980 duration 1month
Pe at 23 with only a few MFI to get banking licence, NIM at 14% compared to 4% for banks, operating cost have peaked out which were required for banking operations, massive pe rerating on the cards, at a potential breakout point. This bull market leader will be MFI (NBFC) bandhan n ujjivan , both have doubled in last one year
As from 2003 onward, all lifetime highs have been crossed with nifty RSI being in range of 73-80 and such strength is showcased for atleast a week , in order for nifty to cross 12000 RSI needs to go above 75 while it is still 65 and looks weak, fundamentals are below average, rural consumption slowdown, Auto slowdown, Lending slowdown, NBFC stricer regulation, oil...