Munish_Jain

3MINDIA | Investment Pick

Long
NSE:3MINDIA   3M INDIA LTD
πŸ“Š DETAILS
Sector: Diversified
Mkt Cap: 35,425 cr

3M India is a subsidiary of 3M Company, USA. The Company manages its operations in four operating segments: Safety & Industrial , Transportation & Electronics, Health Care and Consumer. In India, the Company has manufacturing facilities at Ahmedabad, Bangalore, Pune and has a R&D Center in Bangalore.(Source : 202003 Annual Report Page No:137)

TTM PE : 66.11 (Low PE)
Sector PE : 52.33
Beta : 0.22

πŸ“š INSIGHTS
MC Insights PRO
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

5.42% away from 52 week high
Underperformer - 3M India up by 3.7% v/s NIFTY 50 up by 8.32% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Comment:
Exited full as I was getting 18% in single day
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