Ador Welding - Capital Market Analysts

Hie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.

Ador Welding Ltd. is a holding company, which engages in the manufacture and sale of welding equipment. It operates through the following segments: Consumables; and Equipment and Project Engineering Business.

*Company has been maintaining a healthy dividend payout of 34.56%
*Promoters have increased holdings from 56.75% to 56.85% in Dec 2020 qtr.

*Mutual Funds have decreased holdings from 11.64% to 11.45% in Dec 2020 qtr
*Stocks with high PE (PE > 40)

For more, you can check the stock out on trendlyne.com/fundamentals/financials/31/ADORWELD/ador-welding-ltd/
Sources credit:
Trendlyne & Screener.in

INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence

If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
ADORWELDChart Patternschillwithchartsinvestmentmutual-fundspositionaltechnicalsTrend AnalysisWave Analysis

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