The group usually releases upbeat results with huge surprise rates.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
For several months, analysts have been revising their EPS estimates roughly upwards.
The stock is in a well-established, long-term rising trend above the technical support level at 73 INR
Weaknesses
Stock prices approach a strong long-term resistance in weekly data at INR 163.85.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.