Buy Hudco Bullish Railroad Track Pattern on Weekly Charts

Buy Hudco Bullish Railroad Track Pattern on Weekly Charts
Buy Above 225 with target of 280 Stop Loss at 215

1.Fundamintal aspect : Company has been maintaining a healthy dividend payout of 41.8%

2. Technical Indicators:
- RSI: 47.33, indicating a neutral position.
- SMA: 26.4, suggesting the stock is trading above its simple moving average.
- VWAP: 225.73, slightly above the current price, indicating potential resistance.

3. Valuation Metrics:
- Market Cap: ₹633.9B - Trailing P/E: 29.99
- Price to Sales (TTM): 19.84
- Profit Margin: 66.2%, indicating strong profitability.

5. Investment Consideration:
- HUDCO has shown strong price appreciation and profitability.
- The high debt-to-equity ratio suggests potential financial risk.