breakout

Defense sector , electrical equipment

With InDspace this sector will see good growth In future
Company spends around 8 to 9 percent of its
turnover on research and development expenditure.



Technical
Sectoral breakout (already in bull run)
Breakout of stock with heavy volume ( pull back expected )
Fundamental :
Eps jump both last march 2023 qtr and fy 2023

• ROCE 37.1%
• ROE 30.7%
Debt to equity 0.27


Bad
Promoter holding 40.1%
Borrowing increased but very small can be paid with cash flow
Share capital Increased became 4 times

Trade stängt manuellt:

Trade closed with 40% gains