Hi All,
This is about Roto Pumps
Fundamentals:
Market Cap - 1680 Cr
Stock PE - 42.9
EPS - 12.5
ROCE - 24.4%
ROE - 22%
Promoter Holding - 67.3%
Quick Ratio - 1.35
D/E - 0.27
Technicals:
Strong chart since Nov 22. Price action was moving in the pattern of rising wedge but recently given a strong breakout on good volumes which can take the price to higher levels very soon
Demand seems to be exceeding supply & should witness less profit booking taking the stock price sharply towards north side
Hope you enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
This is about Roto Pumps
Fundamentals:
Market Cap - 1680 Cr
Stock PE - 42.9
EPS - 12.5
ROCE - 24.4%
ROE - 22%
Promoter Holding - 67.3%
Quick Ratio - 1.35
D/E - 0.27
Technicals:
Strong chart since Nov 22. Price action was moving in the pattern of rising wedge but recently given a strong breakout on good volumes which can take the price to higher levels very soon
Demand seems to be exceeding supply & should witness less profit booking taking the stock price sharply towards north side
Hope you enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
Trade active
Huge 20% up move in a single day, enjoy the profitsTrade active
Phenomenal rise to 691 nowShaktipumps and Roto Pumps going for a ride
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.