BUY - FACT
CMP - Rs. 282
Target - 1: Rs. 380
Target - 2: Rs. 490
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Technical -
1) Bullish Flag BO supported by high volumes.
2) Targets set using historical data, price movement, and retracement of the flag pole.
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Fundamentals -
1) Financials:
Revenue: For the financial year 2021, the company had a total revenue of INR 2,818.96 crores, a decrease from the previous year's revenue of INR 3,266.04 crores.
Net profit: The company reported a net profit of INR 215.16 crores for the financial year 2021, compared to a net loss of INR 209.43 crores in the previous year.
Debt to Equity Ratio: As of March 2021, the company had a debt to equity ratio of 0.18, which suggests that the company has a low debt burden.
Return on Equity (ROE): The ROE for the company for the financial year 2021 was 4.34%.
2) Valuation:
The share price of FACT on the National Stock Exchange (NSE) is INR 27.05. The price-to-earnings (P/E) ratio for the company is 12.05, which is below the industry average P/E ratio of 15.67. The price-to-book (P/B) ratio for the company is 0.60, which is lower than the industry average of 1.48. This indicates that the stock may be undervalued.
Overall, based on the financials and industry analysis, it appears that FACT is facing a challenging market environment. However, the stock's valuation metrics are relatively attractive, which may be indicative of undervaluation.
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This is just a view, please trade at your own risk.
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CMP - Rs. 282
Target - 1: Rs. 380
Target - 2: Rs. 490
.
.
Technical -
1) Bullish Flag BO supported by high volumes.
2) Targets set using historical data, price movement, and retracement of the flag pole.
.
.
Fundamentals -
1) Financials:
Revenue: For the financial year 2021, the company had a total revenue of INR 2,818.96 crores, a decrease from the previous year's revenue of INR 3,266.04 crores.
Net profit: The company reported a net profit of INR 215.16 crores for the financial year 2021, compared to a net loss of INR 209.43 crores in the previous year.
Debt to Equity Ratio: As of March 2021, the company had a debt to equity ratio of 0.18, which suggests that the company has a low debt burden.
Return on Equity (ROE): The ROE for the company for the financial year 2021 was 4.34%.
2) Valuation:
The share price of FACT on the National Stock Exchange (NSE) is INR 27.05. The price-to-earnings (P/E) ratio for the company is 12.05, which is below the industry average P/E ratio of 15.67. The price-to-book (P/B) ratio for the company is 0.60, which is lower than the industry average of 1.48. This indicates that the stock may be undervalued.
Overall, based on the financials and industry analysis, it appears that FACT is facing a challenging market environment. However, the stock's valuation metrics are relatively attractive, which may be indicative of undervaluation.
.
.
This is just a view, please trade at your own risk.
.
.
Follow me for more!