There is always a feeling that the layman investor always gets the base of the cream :(. Anyways, I found Deepak Fertilizers and PetroChemicals a little late. A solid Sequential Growth of 41.2% in terms of PAT and 103% YoY growth, keeps me wondering how did I miss this!
Chart looks great. A minor resistance around 120+ levels, and breakout at 130+. The stock price is hanging onto the minor resistance levels. I am not the one who worries about minor dips on hitting minor resistances. The stock has got all the numbers PAT, EPS, a good PE ratio, a better Operating profit margin ratio, but it is not a dividend payer. Who cares, as long as it delivers good numbers!
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