Valuetronics (technical)

Valuetronics: Technical breakout today to all-time high, supported by good volumes. In the near-term, the counter may attempt to break past the $0.40 psychological level on the positive momentum, supported by the rising indicators- ADX, RSI, Stochastics, MACD. Fundamentally, Valuetronics trades at an attractive ex-cash trailing P/E of 2.7x and 8.5% dividend yield.