IEX

IEX its good government sector company , Its for Cup Pattern Formation Keep on watch list

Day Chart Link - tradingview.com/chart/MEqJg3D3/?symbol=NSE:ACE

1)Market Cap = ₹ 13,201 Cr.

Good News :-
Company is almost debt free.
Company has delivered good profit growth of 24.2% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 46.9%
Company has been maintaining a healthy dividend payout of 52.4%
Company's median sales growth is 16.0% of last 10 years

Negative at this stock
Stock is trading at 17.6 times its book value
Debtor days have increased from 26.3 to 74.9 days.