Wednesday, December 2, 2020

INDNIPPON | New Stock Idea | Potential Outlook

 

India Nippon Electricals

Stock/Share Price: 344


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

India Nippon Electricals is a leading manufacturer of Ignition Systems for auto industry with special focus on twowheeler industry in technical collaboration with Mahle Electric Drives Japan Corporation, Japan.


Key  Summary

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 28.22%
  • Strong cash generating ability from core business  
  • Improving Cash Flow from operation for last 2 years
  • 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


ZEEL | Potential Outperformer | Stock To Buy


Technical Chart & Price Outlook


Stock is in strong uptrend and seems that its recent consolidation is going to end . Stock can give a breakout with good volume in upside direction.
So long position can be made for the potential level of 384 in short term , 424 in mid term and 534 in the long term.



Recent Valuation Summary


DLF | Stock To Buy | Potential Price Outlook


Recent Financial Summary


Both sales and net profit increased significantly from the previous quarter.
 

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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