Friday, December 18, 2020

NOCIL | Stock to Buy | Potential Price Outlook

 

NOCIL Ltd.

Stock/Share Price: 147


➽ In this article we will discuss recent development in the StockShare of NOCIL in the Stock Market. NOCIL is engaged in manufacture of rubber chemicals domiciled in India. The Company has manufacturing facilities at Navi Mumbai (Maharashtra) and at Dahej 


Key  Summary


Company with No Debt

Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Book Value per share Improving for last 2 years

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


DAAWAT ( LTFOODS) | Stock To Buy | Price Outlook


Technical Chart & Price Outlook



Strong price momentum is expected . So make long position in the stock for the level of 168/174 in short term , 188/194 in mid term and 218/234 in the longterm.




Recent Valuation Summary

Available at fair valuation.


Recent Financial Summary


Both sales and profit is increasing from the previous quarter.


LUPIN | Stock To Buy | Potential 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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