Breakout with huge Volume || This auto stock is ready to fly

Diupdate
Hello everyone, i hope you all will be doing good in your trading and your life as well. I have brought an auto ancillary stock which has given a breakout with huge volume addition on chart, this type of structure usually supports breakout. MACD and RSI also giving bullish crossover, price is above 200-DEMA. All this indicating bullish moment in this stock.

Market Position:-
Company is India’s largest manufacturer and exporter of auto components and amongst the leading manufacturers of industrial components. It also manufactures critical components for wind, hydro and nuclear applications; provides critical components for defense and aerospace.

Market Cap
₹ 66,996 Cr.
Current Price
₹ 1,439
High / Low
₹ 1,474 / 753
Stock P/E
73.0
Book Value
₹ 154
Dividend Yield
0.50 %
ROCE
13.3 %
ROE
13.2 %
Face Value
₹ 2.00
Industry PE
30.2
Debt
₹ 7,948 Cr.
EPS
₹ 20.4
Promoter holding
45.2 %
Intrinsic Value
₹ 329
Pledged percentage
0.00 %
EVEBITDA
26.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
-2.05 %
Sales growth 5Years
9.10 %
Return over 5years
25.9 %
Debt to equity
1.11
Net profit
₹ 910 Cr.
ROE 5Yr
9.59 %
Profit growth
101 %

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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1st Target Done, picture abhi baki hai
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