7 Indian stocks that align with Peter Lynch’s growth investing strategy – Pro Play
With an operating revenue of Rs 1,348 crore on a trailing 12-month basis, D-Link (India) has reported annual revenue growth of 5%, pre-tax margin of 10% and ROE of 21%. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move.
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