Make sense, what interested me was that I was running a small-cap screener for companies with the
following filters
`
Long Term Debt To Equity Annual < 0.5 AND PE TTM Price to Earnings < 15 AND Promoter holding pledge percentage % Qtr = 0 AND Market Capitalization in Cr < 1500 AND ROCE Annual % > 10 AND Promoter holding change 8Qtr % > 0 AND NetProfitAnnualAveragePrevious5Year > 30 AND FreeCashFlow4YearAverage > 0 AND Market Capitalization in Cr < Total Revenue Annual avg 5Yr Cr
`
This gave me some interesting names, and Pondy seemed the most interesting.
DISC: Invested.
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