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

Vikas Ecotech

Discussion in 'Investment Analysis' started by sandeepsutar17, Aug 19, 2016.

  1. sandeepsutar17

    sandeepsutar17 New Member

    Joined:
    Aug 19, 2016
    Messages:
    2
    Likes Received:
    1
    What is the long term view on Vikas Ecotech?
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    It is being traded at 4.x times book and though PE looks only 10 times but the PE has increased from 0.15 t0 1+ in one years time and if you know what has happened for such a jump in PE, you can look into this stock as cheap else if this is one such increase in PE, it is best to be avoided.