Mold-Tek Packaging Slow and Steady

CMP: 726
Target 1: 812
Target 2: 874
Thereafter, Ride the trend as long as the trend line is respected.

Seems to be in Wave 5 but time will tell if the graph needs to be readjusted since wave 4 was pretty short a dip.

ROCE ~ 19%
ROE ~ 17.5
Debt to Equity: 0.39 (Has been improving constantly for previous 5-6 quarters)
PEG: 0.37
PE: 35 (Vs Industry 14.7)
Holdings: Promoters: 35%, Institutions: 22.6% (Mutual Funds increased their holding by around 0.9%)
EBIT Growth (5 yrs) ~ 21%
Sales Growth YoY ~ 72%
Future Earnings Growth for Industry on Average. Mold-Tek is likely going to outperform this ~25% YoY
Despite Covid, net sales in FY 21 were up as opposed to FY 20 along with Net Profit.
Cashflow also increased by 15% last year.
PAT: ~ 194%. PBT also highest in last 5 quarters.
Quarterly Sales went down in June hence there was a drop but this quarter's projection are factored in hence it has been running like a horse.

Volumes Increasing Decently
Moving Average Daily Chart (5d, 20d, 50d, 100d, 200d): Bullish
Bollinger Bands: Bullish
MACD (Monthly): Bullish
RSI: Bearish

Insiders have been selling for last two quarters though they bought as well in the two quarters before that.