Happiest Minds - Happy times returning ?
Downward trend Broken.
Momentum visible in price action - EMA 9, EMA 21 > EMA 200 , EMA 63 closing the gap and poised to go above.
Strictly trading recommendation as
- PE is twice that of industry average.
- Promoter holding is trending down
- FIIs and DIIs interest not showing any significant upturn
On the positive side
- QoQ and YoY results are not bad. Infact they are decent
- PEG is attractive at 1.06
- 20+ ROE, ROCE
- Good profit growth in last few years
Ride the wave with stop loss as per risk appetite.
Momentum visible in price action - EMA 9, EMA 21 > EMA 200 , EMA 63 closing the gap and poised to go above.
Strictly trading recommendation as
- PE is twice that of industry average.
- Promoter holding is trending down
- FIIs and DIIs interest not showing any significant upturn
On the positive side
- QoQ and YoY results are not bad. Infact they are decent
- PEG is attractive at 1.06
- 20+ ROE, ROCE
- Good profit growth in last few years
Ride the wave with stop loss as per risk appetite.