A fall from peak prices has made the stock attractive and many analysts see space for upside from current prices.
The stock has come under pressure due to weak financials but its current TTM PE ratio is less than past average.
The stock’s price is below short-, medium- and long-term averages, but the recent fall has led to buying opportunity, according to many analysts.
The company has low debt and has shown strong annual EPS growth. Its RoCE and and ROE have been improving.
The stock has seen increased interest from FPIs in the recent past. Its RoCE and and ROE have been improving.
The stock has come under pressure in recent times due to pressure on financials. However, its book value per share has improved