Olectra Greentech Ltd - CMP 1124
#OLECTRA
Over the period of 5 year's the company has been giving a compounded sales growth of 47% and a compounded profit growth rate of 49%.✨
Healthy long term growth as Net Sales has grown by an annual rate of 55.60% and Operating profit at 120.17%🔥❗️
To capture a sizable rally from this stock we should focus on the orders it gets for bus's since that is the major earner for the business.💯❗️
Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business❌
Technically=Consolidation to Downtrend ❌
Fundamentally= Good✅
#OLECTRA
Over the period of 5 year's the company has been giving a compounded sales growth of 47% and a compounded profit growth rate of 49%.✨
Healthy long term growth as Net Sales has grown by an annual rate of 55.60% and Operating profit at 120.17%🔥❗️
To capture a sizable rally from this stock we should focus on the orders it gets for bus's since that is the major earner for the business.💯❗️
Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
Technically=Consolidation to Downtrend ❌
Fundamentally= Good✅
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