Description
⋅ • CMP 105
• Promotor holding 50%
• Market capitalization: 1,436 Cr.
• Sales growth over the past 3 years: 18%
• Profit growth over the past 3 years: 33%
• Price-to-earnings ratio: 30
• Company bidding for defense segment orders worth Rs. 1,000 crores.
My plan of action:
• Buying range: 100-115
• Long-term targets: 300, 500, 700
• Stop-loss at 90