Above Stocks
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Above Stocks is an Indian stock market update group. We provide our recommendations for educational purposes only. Consult ur financial advisor before performing any trades.
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Redtape Ltd
#REDTAPE

The company's Debtor days have improved from 44.3 to 20.9 days since last quarter. 🟢

The companies has the highest ROCE of 45%, which is the best among the peers. 🔥

The stock is undervalued because, the Industry PE is 78.2 whereas the stock PE is just at 48.0 .🔼

The stock is making a Rounding Bottom and Inside Candle Pattern supporting the breakout on Daily Time Frame🔥

Technical View: Bullish ✔️
Fundamental View: Neutral to Bullish ✔️

Education Purpose Only
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