This is a Pure Techno-Funda pick, Have been tracking the company for few years but now there is a shift in the gear, the recent move was on account of very good results in the NBFC and AMC space.
coming to fundamentals, would like to mention few points:
1. company had increased its capital base in the past, but it is important to remember that company had increased its earnings almost 4 times since listing.
2.company is on track to double its loan base by 2026.
3.company has been regularly investing on its digital efficacy so as to streamline its platform.
Coming to technicals, I strongly believe to look from a monthly point of view, Fibonacci is the better indicator because the stock is definitely following the levels, and levels around 440 to 450 in a coming year or two.
Disclaimer: this is not a financial recommendation, please consult your financial advisor. This is only for the love of Techno-Funda mix.
coming to fundamentals, would like to mention few points:
1. company had increased its capital base in the past, but it is important to remember that company had increased its earnings almost 4 times since listing.
2.company is on track to double its loan base by 2026.
3.company has been regularly investing on its digital efficacy so as to streamline its platform.
Coming to technicals, I strongly believe to look from a monthly point of view, Fibonacci is the better indicator because the stock is definitely following the levels, and levels around 440 to 450 in a coming year or two.
Disclaimer: this is not a financial recommendation, please consult your financial advisor. This is only for the love of Techno-Funda mix.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.