1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

TTK health care

Discussion in 'Fundamental Analysis' started by rajesh, Jul 15, 2018.

  1. rajesh

    rajesh Member

    Joined:
    Sep 2, 2017
    Messages:
    17
    Likes Received:
    12
    Friends, planning to invest in TTK health care..I've shortlisted based on their business and there products which they distribute..pls let us know your views on the same

    Sent from my ONEPLUS A6000 using DIY Technical Analysis mobile app
     
    rajesh, Jul 15, 2018
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    OPM % is too low in screener for me to consider it.
     
    shabbir, Jul 16, 2018
    Share #2
  3. manickarajan

    manickarajan Responder

    Joined:
    Sep 16, 2016
    Messages:
    92
    Likes Received:
    78
    manickarajan, Jul 21, 2018
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    Yes I don't like it but the exception is taken as I expect the OPM is getting on the higher side. The same case in Jubilant Life and if you see its numbers it expanded its OPM from low teens to above twenty. Again in that I made an exception of debt because it wasn't making loss despite high debt and was reducing it either.

    So exceptions are always a case if you know what you are doing and it isn't about the current or past earnings but future earnings. As of now Agro tech has been trying to capture market and despite that, they managed to get the company profitable. So I expect the OPM to increase and almost double in couple of years time.
     
    shabbir, Jul 22, 2018
    Share #4