Ponni Sugar🍬🍬 became a Multibagger Stock in 2.5 Months.
Did you ask or wondered why actually it became a Multibagger🪙🪙💎💎💎?
✅Reason 1:- Before Q2 Results its price was at Rs 240 it means that it was trading at just 5.7 PE Ratio when Industry PE Ratio was at
Did you ask or wondered why actually it became a Multibagger🪙🪙💎💎💎?
✅Reason 1:- Before Q2 Results its price was at Rs 240 it means that it was trading at just 5.7 PE Ratio when Industry PE Ratio was at
18.3. The huge difference between Stock PE and Industry PE was speaking about the undervaluation.
✅Reason 2:- At Rs 240 its Market Cap was only at Rs 216 Cr. When its Q2 Sales was at Rs 150 Cr market expected Rs 150 Cr sales for the next 3 Quarters too. So, market was
✅Reason 2:- At Rs 240 its Market Cap was only at Rs 216 Cr. When its Q2 Sales was at Rs 150 Cr market expected Rs 150 Cr sales for the next 3 Quarters too. So, market was
Obvious to re-rate a company doing Rs 600 Cr Sales in future that was available at just Rs 216 Cr odd Market Capitalisation
✅Reason 3:-Ponni Sugar Q2 Net Profits was at Rs 22 Cr; Market thought that it can repeat this Net Profits for Next 3 Quarters. So, Rs 88 Cr Net Profits.
✅Reason 3:-Ponni Sugar Q2 Net Profits was at Rs 22 Cr; Market thought that it can repeat this Net Profits for Next 3 Quarters. So, Rs 88 Cr Net Profits.
✅Reason 3:-Ponni Sugar was available at a Forward PE Ratio of just 2.37; when Industry PE Ratio was at 18.3 and stock was available at 2.37 PE Ratio this was speaking about the undervaluation
✅Ponni Sugar Reserves at one point of time was more than its Market Capitalisation
✅Ponni Sugar Reserves at one point of time was more than its Market Capitalisation
✅Ponni Sugar has zero debt
I gave Ponni Sugar for a price target 🎯🎯 of Rs 420+ due to its valuations gap. But this stock outperformed my targets 🎯🎯 it recently made a high of Rs 581
Rs 277 to Rs 581 it did
ROI:- 109%🔥🔥🔥
I gave Ponni Sugar for a price target 🎯🎯 of Rs 420+ due to its valuations gap. But this stock outperformed my targets 🎯🎯 it recently made a high of Rs 581
Rs 277 to Rs 581 it did
ROI:- 109%🔥🔥🔥
Loading suggestions...