Weekly chart
cmp 102
Downward resistance line breakout with huge volumes.
Stochastic divergence propelled the upmove leading to breakout.
Stop at 78.
Conservative Target at 140 plus.
Fundamentals:
Profitability :
Current RoE at 35% ; Last 3 years avg RoE at 26%; indicates current performance better than past performance.
NP
Cash generation:
CFO at Rs 29cr ; indicates company generating cash from operations which is a very good sign ; Previous year cfo at Rs 9 cr.
Leverage:
Debt equity at 0.27
Other valuation metrics:
P/E 15, p/b 3.9
Underlying business model:
Company into bigdata/cloud/AI/Machine Learning.
cmp 102
Downward resistance line breakout with huge volumes.
Stochastic divergence propelled the upmove leading to breakout.
Stop at 78.
Conservative Target at 140 plus.
Fundamentals:
Profitability :
Current RoE at 35% ; Last 3 years avg RoE at 26%; indicates current performance better than past performance.
NP
Cash generation:
CFO at Rs 29cr ; indicates company generating cash from operations which is a very good sign ; Previous year cfo at Rs 9 cr.
Leverage:
Debt equity at 0.27
Other valuation metrics:
P/E 15, p/b 3.9
Underlying business model:
Company into bigdata/cloud/AI/Machine Learning.
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