Wednesday, November 18, 2020

MFSL | Stock to Buy | Potential Price Outlook

 

MFSL LTD.

Stock/Share Price: 613


➽ In this article we will discuss recent development in the StockShare of MFSL in the Stock Market

Recent Key Strengths

Company with No Debt

Increasing Revenue every quarter for the past 2 quarters

Company with decreasing Promoter pledge

FII / FPI or Institutions increasing their shareholding

Near 52 Week High

Strong Momentum: Price above short, medium and long term moving averages

MFs increased their shareholding last quarter



Recent Weaknesses

Promoter decreasing their shareholding

Annual net profit declining for last 2 years

Companies with High Promoter Pledge

Highest promoter stock pledges

Sell Zone: Stocks in the sell zone based on days traded at current PE and P/BV



Technical Chart 


MFSL  stock is in strong uptrend making higher high and higher low continuously . In todays session stock break an important neckline in upside direction. So long position can be initiated for the upside target of 674 in the short term.


Recent Valuation Summary


Recent Financial Summary



Key Balance Sheet Summary



Thanks for your Precious Time.


Finvest Online
Telegram  :  t.me/finvestonline






Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


No comments:

Post a Comment