MAHURAT PICK: DEN NETWROK LTD.
1. Fundamentally Company is strong and debt free.
2. Enterprise value is 50% of the market value.
3. P/B ratio is 0.52.
4. Profit growth is 19.0% CAGR over last 5 years.
5. Owned by Reliance industries.
6. Technically, RSI gives positive divergence on weekly chart.
7. Accumulation is seen on daily chart.
SL: 25
Target: 10x
Disclaimer: I am not SEBI registered. This is my personal view only for educational purpose. I might have this stock in my portfolio. Please do research on your own or consult with your financial advisor before investing and trading.
