SARDA ENERGY

CMP – 115
MARKET CAP – 414 cr
BOOK VALUE – 515
52wk HIGH/LOW – 325/98
5 Year HIGH/LOW – 642/76
FACE VALUE – 10
DIVIDEND YIELD – 4.35%

Stock has already corrected 70% from its 52Wk High & Made a low of 98 and has corrected almost 85% from all time high recorded in 2016.

Sarda Energy & Minerals net debt is around 1395cr which is considerable, at 350% of its current market cap. This level of debt justifies a relatively low P/E, so remain cognizant of the debt, if you’re comparing it to other stocks.

Can Test Lower lows in COMING days.Last hope is multi year lows of 76 which can be test, If 98 is broken.

Disc – All views expressed are personal and only for Educational and study purpose.consult your financial advisor before investing or taking any position based on above article. This in not any Buy/Sell Recommendation.Its purely for Educational purpose only.

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