Earnings Rank 97.14 out of 100.
Price Relative Strength Rank 99.77 out of 100.
Sales and Net profit Growth Rank 96.90 out of 100
Composite Rank is 86.66 out of 862 stocks taken into the BTT tracking Index.
2QFY12 earnings growth of 364% along with a consistent Net Profit Margins at 60.28% which has seen a growth of 305.39% over the same quarter of the previous year. Sales have declined marginally by 5.49% in the Q2 quarter.
Similarly the stocks Trailing Twelve Months report too shows high strength. Current quarter TTM has registered 583% growth on its EPS, 307% growth on its Net Profit Margin with a NPM of 49.46%, this followed by a Sales growth of 56.28%.
The stock’s price has dropped 40% from its 52 week high and is yet holding the second position in Price Ranking making it one of the best stocks in the presently weak market. On the monthly charts the stock’s price is reaching sweet zone after a very strong bullish move which topped at 101.25. On the weekly charts, price has formed a good flat base at 60 levels and has a resistance at 76.00 levels. The stock is attracting very less volumes at the current price levels which have shown a decline of 92% against its 50 week volume average. The stock has a good potential for a long trade on the breach of resistance with higher volumes.
No comments:
Post a Comment