#Donear BO at 119

#Donear Industries
Ltd manufactures Textiles and deals in
Rental Property. CMP 135. Price moved abv the 120 after 74 weeks and retested it before moving again. Fundamentally PEG at 1.03 and shown good sales growth in last 3 years. Only concern is growing debt. If same growth trajectory remains then hopefully debt can also be taken care of. Current D/E ratio is 1.65 which is high.
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