Stock at P/E of 12, with sales growth of 11%, Profit growth of 29% in last 3 years (and ROE 20%)
Investment in MF 550 cr = 3x net profit of FY15.
This looks a safe bate. I am planning to take a small position.
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Stock at P/E of 12, with sales growth of 11%, Profit growth of 29% in last 3 years (and ROE 20%)
Investment in MF 550 cr = 3x net profit of FY15.
This looks a safe bate. I am planning to take a small position.
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