RPTECH a IPO stock's results out, what next for the stock?
Results:
Decent comeback quarter with solid revenue growth which reflects well with EBITDA n PAT growing at better pace
Rev at 3002cr vs 2258cr
PBT at 45cr vs 37cr, Q3 at 33cr
PAT at 47cr vs 23cr, Q3 at 24cr
Includes 10cr one off income
OCF at -102cr vs -114cr
TA:
-Check vol on falls(red arrows) how it is decreasing means supply drying out
-DTL BO (Down Trendline Breakout) anticipation
-VCP in play
Buying area above Pivt Point (PP: least area of resistance) 336.8 (Cheat entry) with anticipation of BO.
Decent comeback quarter with solid revenue growth which reflects well with EBITDA n PAT growing at better pace
Rev at 3002cr vs 2258cr
PBT at 45cr vs 37cr, Q3 at 33cr
PAT at 47cr vs 23cr, Q3 at 24cr
Includes 10cr one off income
OCF at -102cr vs -114cr
TA:
-Check vol on falls(red arrows) how it is decreasing means supply drying out
-DTL BO (Down Trendline Breakout) anticipation
-VCP in play
Buying area above Pivt Point (PP: least area of resistance) 336.8 (Cheat entry) with anticipation of BO.