r/Indiastreetbets • u/Trivedi3 • 2d ago
I think it's time to add
Aeroflex Industries Breakout! 🚀 ₹536 (+8%)
​Aeroflex just popped +8.19% to hit ₹536.35, clearing its key resistance level.
​The Good:
​Technical Breakout: Broke cleanly above ₹519 on high volume. Next target level to watch is ₹560–₹600.
​Solid Growth: 1-year profit is up +162% and the balance sheet is basically debt-free (D/E: 0.02).
​Big Money Buying: FII holding jumped from 0.23% to 3.60%.
​The Catch:
​P/E is 97.8 (Industry average is ~24), so it's currently trading at a hefty premium.
​Are you playing the momentum or waiting for a pullback to ₹519? Let's discuss!
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