The stock is exhibiting weakness again, vulnerable to 170 levels, in a strong rising market.
I’ve taken a closer look at the numbers on screener. Given that since 2012 the company has grown it’s buziness, profitability and balance sheet without diluting key metrics like NPM, ROCE, ROE, revenue run rate etc., the company has demonstrated a “sustainable” track record.
Apart from that one event, is there any other overhang on the stock? The company’s clarification or insider share purchase don’t seem to help.
Plz comment.
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