#HISARMETAL Stock has formed nice base; looks ready for breakout

Another company stock which supports in Infrastructure development.
I will plan to buy this soon for long-term hold.
Market cap of just around ₹115Crores.

From Technical perspective:
Stock has been forming a nice break and looks ready for breakout!

From Fundamental perspective:
- The company has shown a good profit growth of 40.96% for the Past 3 years.
- The company has shown a good revenue growth of 15.78% for the Past 3 years.
- Company has been maintaining healthy ROE of 24.03% over the past 3 years.
- MCAP of just ~₹115Crores, hence lot of growth potential
- EVEBITDA is 9.72 (EV/EBITDA values below 10 are seen as healthy)
This can prove to be a multi-bagger in long-run.


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