Tuesday, December 15, 2020

NBVENTURES | Stock to Buy | Short - Long Term Price Outlook

 

Nava Bharat Ventures Ltd.

Stock/Share Price: 59


➽ In this article we will discuss recent development in the StockShare of NBVENTURES in the Stock Market. Nava Bharat Ventures is engaged in the business of manufacture of ferro alloys, generation of power and rendering of operation and maintenance services .

Key  Summary


Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Growth in Net Profit with increasing Profit Margin (QoQ)

Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

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

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


Technical Chart & Price Outlook


Currently NBVENTURES limited is available at attractive valuation with improving fundamental.The stock broke important neckline in the previous session with good volume and available for long term investment. 
So , long position in the stock can be taken for the potential upside of 64- 68 in short term ,  84 in mid term and 118 in the long term . Company is fundamentally strong too and suitable for long term investment.





Recent Valuation Summary

One of the cheapest stock available for investment also delivering 2.54 % dividend yield.


Recent Financial Summary



Both Sales and profit increased significantly from the previous quarters.

ITC | 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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