Wednesday, November 18, 2020

NMDC | Stock to Buy | Potential Price Outlook

 

NMDC LTD 

Stock/Share Price: 96


➽ In this article we will discuss recent development in the StockShare of NMDC in the Stock Market. NMDc delivering excellent results for the previous 3 quarters, available at cheap valuation and a high dividend paying company.

Recent Key Strengths

Company with Low Debt

Increasing profits every quarter for the past 2 quarters

Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

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

MFs increased their shareholding last quarter


DAAWAT ( LTFOODS) | Stock To Buy | Price Outlook


Recent Weaknesses

Degrowth in Revenue and Profit

Major fall in TTM Net Profit


Technical Chart 


NMDC stock is trading in a strong uptrend . In todays session it break an important neckline with good volume in upside and now further long term sharp price momentum is expected in the upcoming days.
So long position can be initiated for the potential upside level of 108 in short term , 139 in mid term and 187 in long term .



Recent Valuation Summary


Recent Financial Summary



Key Balance Sheet Summary


NELCO | Stock To Buy | Price Outlook


Thanks for your Precious Time.


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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.


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