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Divi's Laboratories Ltd

Discussion in 'Technical Analysis' started by gunwalvikram, Mar 14, 2017.

  1. gunwalvikram

    gunwalvikram Member

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    Sir requesting your views on Divi's Laboratories Ltd for a horiozon of 01-1.5 years.
     
    gunwalvikram, Mar 14, 2017
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  2. raja_praveen

    raja_praveen Champion

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    @gunwalvikram ji not a good buy. altealst It should cross technically 1000-1100 levels. My sincere advise dont jump in to this pit. Rather you can have wonderful stocks you may bet upon. :) (its my personal advise. dont take it otherwise ..thankyou- I do have a very bad bitter experience in one stock in which my capital was locked for 6 years )
     
    raja_praveen, Mar 14, 2017
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  3. shabbir

    shabbir Administrator Staff Member

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    If you are a long term investor of 2 to 3 years, you can consider accumulating it because at 18PE, and less than 4 times books with 44%ROCE is quite good for a company but don't invest everything in one go and try to spread it over the next 3 to 6 months.
     
    shabbir, Mar 14, 2017
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  4. gunwalvikram

    gunwalvikram Member

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    Sir,
    I want to learn how to select or reject a stock.

    For Divi's Laboratories Ltd
    - Company is virtually debt free.

    - Company has good consistent profit growth of 20.56% over 5 years

    - Company has a good return on equity (ROE) track record: 3 Years ROE 27.43%

    - Company has been maintaining a healthy dividend payout of 29.00%

    Also Stock is just 100 rupee higher that 52 week low.

    So what should be the reason to reject this stock. Also what should I check for a stock before investing in it.
     
    gunwalvikram, Mar 14, 2017
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  5. gunwalvikram

    gunwalvikram Member

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    Thanks Sir.
     
    gunwalvikram, Mar 14, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    It's not a bad stock and so it is not rejected by me.
     
    shabbir, Mar 14, 2017
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  7. sethuramcbe

    sethuramcbe Responder

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    sethuramcbe, Mar 21, 2017
    Share #7
    nirajshah likes this.
  8. nirajshah

    nirajshah Champion

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    nirajshah, Mar 21, 2017
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  9. sethuramcbe

    sethuramcbe Responder

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    sethuramcbe, Mar 21, 2017
    Share #9
  10. dhiren

    dhiren Member

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    dhiren, Mar 22, 2017
    Share #10