Breakout Stock: Wealth First Portfolio Managers Ltd (WFPML)

5 ore fa

WFPML is a client-centric, product agnostic and independent wealth management firm. It is an individual financial advisor (with no sub-brokers) and occupies 37th rank at all India level.
Market Cap: ₹ 1,813 Cr.
Stock P/E: 34.4 (Ind. P/E: 16.9)
ROCE: 56.8 %; ROE: 43.8 %
Sales Growth (3 Years): 39% Profit Growth (3 Years) : 49%

WFPML has been trading in a range between 1464 and 1704 for nearly two months.
A couple of days back it gave a strong breakout with good volume.
It is on the verge of a breakout ATH.
Support levels: 1464, 1351, 1211