A Strong Fundamental Stock Muthoot Capital Services had seen massive fall in the price of the Share. The PE Ration of the share is 5.66. The Book Value of the share is higher than Market Value. The company Has good Financial Along With 62.5% of Promoter Holding. The Industry PE is also Quit Low which is 19.3. The Debt to equity is 2.68 Whereas EPS is 83.2.
The RSI is also at lower Limit which is 32.56.
The Share Price has made a low in 2020 at 220 -240 & reversed from this level & the price of share doubled at 520. In July 2021 the share again fall from 500 to 140 made low in June 2022 After that market again reversed & made a top at 450. From october 2023 the share price again started Falling & Is currently at 295. Here we just need to keep the Stock in watchlist & Wait For the stock till its previous support levels.
we Can Buy this stock at 220 - 240(Only at Bullish Reversal)
The Stoploss to keep in this is 190
For The Targets of 300 & 350 & 400 & 450.
