Very big breakout on monthly timeframe
After breakout many monthly candles have already sustained above multiyear resistance
mcap 186cr
stock pe 11.2 < industry pe 18.7
cmp 71.6 < book value 75.5
Dividend yield 0%
debt to eq 0.47
promoter holding 63.97% vs 73.65% in Dec 2020 ( decreased )
1st Target 5X
Will book half @ 5x
Bought medium sized position.... Will add/reduce accordingly
After breakout many monthly candles have already sustained above multiyear resistance
mcap 186cr
stock pe 11.2 < industry pe 18.7
cmp 71.6 < book value 75.5
Dividend yield 0%
debt to eq 0.47
promoter holding 63.97% vs 73.65% in Dec 2020 ( decreased )
1st Target 5X
Will book half @ 5x
Bought medium sized position.... Will add/reduce accordingly