Technical Reasons to Buy - Price Range break out on daily chart . - Higher high structure at One hour Time frame.
Fundamental Reasons to Buy - Consolidated net profit rises 19.96% in the June 2022 quarter - Stock Trading at 19.8 PE which is lower then industry average. - ROCE 30.34, High Return on Capital stock - Company has reduced debt. - Company is almost debt free. - Company has delivered good profit growth of 25.6% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 26.1% - Company's median sales growth is 32.7% of last 10 years