Sree Rayalaseema Hi-strength Hypo Limited. cmp 294 A tvg group chemical company seems to be good ...can be a multi bagger buy @cmp 294 for a tgt of 600. The reason to buy : market cap only 430 cr. and having a cash reserve of 340 cr book value of 208, and trading @ pe of 8.11 while industry pe of 22 with in last 5 years sales increased from 362 cr to 785 cr. net profit from last 5 years increased from 19 cr to 58 cr borrowings reduced from last 5 years from 85 cr to 42 cr. Over the last 5 years, revenue has grown at a yearly rate of 11.1%, vs industry avg of 5.79% Over the last 5 years, market share increased from 0.88% to 1.13% Technical point of view it is 4 year consolidation with cup and handle pattern. |
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