Lately, Kwality moved up sharply with huge volume. On PE basis, the stock looks relatively cheap. Can someone who is tracking this stock throw some light on any new development/trigger? 40% top line growth company available at less than 20 PE for FY16. Any insightful information would be appreciated.
1)Debt has been reduced
2) It seems that company plant to introduce some new products (I need to validate)
Do Not hold any position but I may add soon.
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