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Mukadam
Sep 5, 2020 7:13 AM

Psp projects good fundamentals on 200ma Long

PSP PROJECTS LTDNSE

Description

Sitting on 200ma with a positive bias.

Good fundamentals:
Book Value:  126.98
Stock P/E: 15.37
Dividend Yield: 1.15 %
ROCE: 40.67 %
ROE: 31.20 %
Sales Growth (3Yrs): 55.24 %

Company is expected to give good quarter

Company has delivered good profit growth of 56.22% CAGR over last 5 years

Company has a good return on equity (ROE) track record: 3 Years ROE 29.76%

Company has been maintaining a healthy dividend payout of 20.61%

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Best Buy with stoploss at 390 for a block bluster profit

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Buy with stoploss revised to 380

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Buy

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It will move its time has come...???
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