It has been observed that the price action breaks above the consolidation triangle indicating buyers comeback and further move up. The company is fundamentally strong and sounded.
Key Ratios:
Market Cap: 2500 Cr.
P/E: 11.65
CMP/BV: 1.53 times
Debt to Equity: 0.24 times
Operating Profit Margins: 10-12%
ROE: 14.75%
(Resources: screener.in)
Short Term View:
T1-134
SL-126
Long term View:
T1- 180 (38%)
SL-120 ( 7%)