• For last six months Revenue up by 22.69% to 367 M
• Profit after tax up by 411.25% to 25 M
• Six months EPS, 0.77 Rs
• Forward P/E would be 11/(2*0.77 ) = 7.14
• NAVPS, 14.29
• Current ratio, 1.63
• Cash flow from operating activities 65.7 M
Other factors to consider
• Illiquid counter – Only 63 M shares
• Highly speculative and traders friendly counter
• HVA touched 20, when ASI reached 6000. Rs 20 is almost 80% gain from current price level.
• Both RSI and Stochastics indicates oversold territory.