Reasons for this buyâïļ ðTechnically promosing chart ðGood Consolidation/accumulationt ðAfter a good momentum from 227 it's consolidationg & there is big chance for trend continuation. ðAwesome Risk Riward Trade(u know, capital protection is the first priority of trader/investor.) ðBackend data was also awesome. ðUnder valued company
Funda Reasons (copied data)âïļ âïļCompany has reduced debt. âïļCompany is almost debt free. âïļStock is trading at 0.55 times its book value âïļCompany is expected to give good quarter âïļCompany has delivered good profit growth of 47.48% CAGR over last 5 years âïļPromoter holding has increased by 0.86% over last quarter.
About The Companyâïļ Peria Karamalai Tea & Produce Company is one of the group companies of LNB group. LNB group is one of India's leading diversified business conglomerate having its presence in Textiles, Corporate farming, Agriculture supply Chain management solutions, Tea, Health & Wellness, Private Equity, Financial services, Renewable energy. Peria Karamalai Tea & Produce Company is mainly engaged in the production and distribution of Tea, generation and distribution of power and investment in financial instruments. [1]