[Priority Pick: P12] Bet on results. upto 60% upside seen in 6 months.
The stock has posted bad numbers due to higher ‘Other Expenses’ in last quarter. Stock is trading at 55x last quarterly EPS which is almost same as the PE of its peers.
We suppose that the last quarterly results are the worst numbers it can quote and stock is technically bottoming out.
We bet on better results from this stock which has good ROE/ROCE which lower margin.
This content is lockedLogin To Unlock The Content!
I am Vinoth Kanna, Admin, Gale.in. I am into investing and trading for last 7 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at email@example.com for stock queries. Have a wonderful time at Gale.in.