ANANTRAJ stock price analysis and midterm targets
ANANTRAJ
Fundamentals of the company are good
The current ratio is 5.4 3 which means that the company has sufficient current assets in comparison with its current liabilities
Promoters holding is also impressive, that is 60.2%
debt-to-equity ratio is 0.14%, which is good
The standard ratio is it should be less than 1
Return on equity is 10.9%
The company has also delivered good profit growth
The stock price of the company has given a continuous 4-day negative closing
closes below the 100 moving average
The level of 492 may act as an important support level mid-term target is 595
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