Vardhman Acrylics - A hopelessly undervalued stock

(SteveBayerIN) #61

I’m interested in buying shares of this company. High dividend yield compared to price/earnings ratio and steady OPM are some of my criteria for entry at the current p/e ratio.

It also has 4 star rated products which indicates that the quality of their products are high and they might get to a higher p/e if they increase product offerings while maintaining quality of product.

(SteveBayerIN) #62

On a weekly, ADX/DMI indicator based technical analysis chart, Vardhman Acrylics has a buy signal.

I’m pondering going all in on this stock because it’s the only stock that is around 8 P/E, 4%+ dividend yield with reputable management and has a fresh buy signal on my technical charts.