Friday, December 4, 2020

FOSECOIND | Stock to Buy | Price Outlook

 

Foseco India Ltd.

Stock/Share Price: 1235


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


Foseco India is engaged in the manufacture of products used in the metallurgical industry.

Key  Summary

Company with No Debt

Annual Net Profits improving 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

BSE | Stock To Buy | Potential Price Outlook


Technical Chart & Price Outlook


FOSECOIND stock break an important neckline with good volume in previous session.
So long position can be made for the potential upside level of 1324 - 1368 in short term.



Recent Valuation Summary

Valuation is comfortable.


Recent Financial Summary



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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