MadhuVamsi

Anant Raj Limited fundamental and technical analysis

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NSE:ANANTRAJ   ANANT RAJ LTD
Anant Raj showed excellent quarterly results (As posted by company quarterly results till September 2022). Expectations of continued growth in the quarterly results can be observed ( to be released on 19th January 2023. for December 2022 results)

Revenue growth (QoQ) is +23.14% (Till September 2022 quarter and growth expected more in December 2022 Quarter results)
Earnings growth (QoQ) is +14.28 (Till September 2022 quarter and growth expected more in December 2022 Quarter results)
Net Profit Growth (QoQ) is +21.80 (Till September 2022 quarter and growth expected more in December 2022 Quarter results)

By technical analysis SMA day 200 is Below SMA day 150 and SMA day 50 is below price, which is a very excellent condition to buy the stock. December 2022 quarter results will be released on 19th January 2023 and expecting a great growth for the realising Quarter results.

Considering fundamentals and technical analysis (Trend following) this stock (Anant Raj) is sure to turn into a multi bagger stock (by holding long term).

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