ITDC trendline breakout

Breakout of very longterm trendline on weekly & monthly timeframe

mcap 3722cr
cmp 435 vs book value 41.9
stock pe 50.7 vs industry pe 30.2
dividend 0.51%
debt 0
promoter holding 87% CONSTANT since MARCH 2017
In recent few quarters NET PROFIT & EPS has improved
took medium sized position
PSU stock
Bought yesterday