Repco cmp 516. Attached chart shows a W (double bottom formation) extending from 120 on lower end to 430 on higher side. Breakout on upper side happened in August 2023 and since then stock price was in consolidation phase. Recently it broke out above 500 and has been consolidating above that. Fundamentally company does concalls and presentations and one can study the details there. disc: invested as a techno funda bet.
One of the models I often use is multi year breakouts with cheap vauations post breakouts. On conventional parameters, Repco satisfies this criteria.
(This is not a recommendation. Anyone contemplating investment in this company should do their own diligence. )
