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
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