W pattern in AAVAS - 100% potential
AAVAS is currently trading below 200 MA despite having highest ever numbers in revenue and profit.
CMP is at a support line where a W pattern was formed Mar-Jul 2020. Similar kind of pattern is being observed now.
Current PE is 25 and median PE is 55 which indicates 100% upside potential once interest rate gets cut, which will lead to increase core business for the company.
T1 - 1800
T2 - 2038
T3 - 3000 ( Which may take 1-2 years if company continues to perform better )
CMP is at a support line where a W pattern was formed Mar-Jul 2020. Similar kind of pattern is being observed now.
Current PE is 25 and median PE is 55 which indicates 100% upside potential once interest rate gets cut, which will lead to increase core business for the company.
T1 - 1800
T2 - 2038
T3 - 3000 ( Which may take 1-2 years if company continues to perform better )
Aviso legal
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