Fundamentals:
- PE ratio cheaper than sector (~21 vs. ~26)
- sales have increased ~40% in last 12 months
- net margins have remained stable with ~3% increase in last 12 months
- profit has increased by ~26% in last 12 months
- ~21% return on equity and ~26% return on capital employed in the last full financial year
- stock is not in ASM/ GSM list
- Promoter holding has remained steady at ~68% with insignificant pledging
- debt to equity ratio good at 0.06 with good interest coverage ratio at ~37
Technicals:
- Price is at an all time high this week
- Price is in strong uptrend with increasing volumes
- price relative strength is higher than nifty