Reasons for this buyโ๏ธ ๐Technically promosing chart ๐Good Consolidation/accumulationt ๐After a good momentum from 227 it's consolidationg & there is big chance for trend continuation. ๐Awesome Risk Riward Trade(u know, capital protection is the first priority of trader/investor.) ๐Backend data was also awesome. ๐Under valued company
Funda Reasons (copied data)โ๏ธ โ๏ธCompany has reduced debt. โ๏ธCompany is almost debt free. โ๏ธStock is trading at 0.55 times its book value โ๏ธCompany is expected to give good quarter โ๏ธCompany has delivered good profit growth of 47.48% CAGR over last 5 years โ๏ธPromoter holding has increased by 0.86% over last quarter.
About The Companyโ๏ธ Peria Karamalai Tea & Produce Company is one of the group companies of LNB group. LNB group is one of India's leading diversified business conglomerate having its presence in Textiles, Corporate farming, Agriculture supply Chain management solutions, Tea, Health & Wellness, Private Equity, Financial services, Renewable energy. Peria Karamalai Tea & Produce Company is mainly engaged in the production and distribution of Tea, generation and distribution of power and investment in financial instruments. [1]