Granules - Rounding bottom pattern.
Low of 240 from around 420.
At CMP , Granules PE is 29 , less than Industry PE of 33 .
PEG is decent at around 2.6
ROE/ROCE is good.
Profit has plateaued on yearly timeframe, however QOQ results looks promising.
Long term investing target
- Target 1 - 560
- Target 2 - 420+180 = 600
Low of 240 from around 420.
At CMP , Granules PE is 29 , less than Industry PE of 33 .
PEG is decent at around 2.6
ROE/ROCE is good.
Profit has plateaued on yearly timeframe, however QOQ results looks promising.
Long term investing target
- Target 1 - 560
- Target 2 - 420+180 = 600