CuriousChartist

ESAB INDIA - Could it be a Multibagger !!!

Long
NSE:ESABINDIA   ESAB INDIA
Stock P/E 48.0
Industry PE 40.1
Dividend Yield 3.70 %
ROCE 32.0 %
ROE 23.5 %
Face Value ₹ 10.0
ROCE3yr avg 23.9 %
ROE 5Yr 14.0 %
Piotroski score 7
OPM 12.8 %
OPM 5Year 11.1 %
Promoter holding 73.7 %
Free Float Mkt Cap ₹ 766 Cr.
Pledged percentage 0.00 %
Debt to equity 0.01
Intrinsic Value ₹ 1,687

Technically:
- Brokeout after a long box consolidation and now it has formed an Ascending Triangle Pattern.

I see a TARGET of 2375 sooner than later.
Momentum index > 0 - POSITIVE
Relative Strength rising over Nifty - POSITIVE



*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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