Should You Investigate Graphite India Limited (NSE:GRAPHITE) At ₹147?

Today I will analyse the most recent data on Graphite India’s outlook and valuation to see if the opportunity still exists. The stock’s ratio of 4.67x is currently well-below the industry average of 9.98x, meaning that it is trading at a cheaper price relative to its peers. Graphite India’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its industry peers, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range. NSEI:GRAPHITE Past and Future Earnings April 8th 2020 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. With profit expected to grow by a double-digit 13% over the next couple of years, the outlook is positive for Graphite India. Since GRAPHITE is currently trading below the industry PE ratio, it may be a great time to accumulate more of your holdings in the stock. With a positive profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. Its buoyant future profit outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy GRAPHITE. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation.