Only for long term investors:
The Master Stock to buy cheap and hold:
Dividend [which is similar to interest on a FD] : More than Rs.15 to Rs.16 , This means , even if your stock value goes down or remains stagnant , you will get this value every year
Its fair price is more than Rs.441 , but is now selling for 95+
Is backed by the sovereign government of India
Has an order book enough to make profit continuously for the next five years.
High quality stock
Most importantly, a monopoly.
Master stock : "IRCON INTERNATIONAL "
Quality : Good
Valuation : Very attractive
Financial trend : Negative [due to covid, already factored in]
Technical trend : bullish
Buy and stay invested for minimum 1 year to enjoy dividends and capital appreciation.