Sudarshan chemical

I don't track this company but glimpse at screener and I have this

• The company has delivered a poor growth of 5.94% over past five years.
• ROCE: 16.45 %
• Sales Growth (3Yrs): 1.76 %

Now compare that to Vinati Organics

• Company has good consistent profit growth of 27.41% over 5 years
• ROCE: 45.83 %
• Sales Growth (3Yrs): 20.65 %

First is available at 20PE and second at 30PE.

So for investment, the obvious choice is very obvious unless there are some growth drivers that aren't in the past numbers that you know.

As a trader, we see a higher top higher bottom formation in sudarshan chemical. It means you can book profits at 5% from your purchase price but with the stop loss of the recent low.

 

The pleasure is all mine.