The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at INR 6534.65 INR in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the INR 6719.55 support.
Thanks to a sound financial situation, the firm has significant leeway for investment.
The tendency within the weekly time frame is positive above the technical support level at 6534.65 INR
The company's earnings releases usually do not meet expectations.
With an expected P/E ratio at 33.43 and 26.41 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The company is not the most generous with respect to shareholders' compensation.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.