S.J.S. Enterprises has an operating revenue of Rs. 398.75 Cr. on a trailing 12-month basis.
An annual revenue growth of 47% is outstanding, Pre-tax margin of 20% is great, ROE of 15% is good.
The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA.
It needs to take support around the 50 DMA level to continue further upside move.
Wedge with double bottom.
Can expect a very good move above 510.
I have placed a buy now @ 475
An annual revenue growth of 47% is outstanding, Pre-tax margin of 20% is great, ROE of 15% is good.
The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA.
It needs to take support around the 50 DMA level to continue further upside move.
Wedge with double bottom.
Can expect a very good move above 510.
I have placed a buy now @ 475
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.