NoobInvestor_76

COROMANDEL - Techno Funda Pick

Long
NSE:COROMANDEL   COROMANDEL INTL
Fundamentals:
+ Almost Debt free company
+ Highest Yearly Sales and Yearly profit
+ Highest Cash from Operations
+ ROCE increased from 26% in '20 to 33% in '21
+ Debtor days decreased from 48 to 14
+ FIIs stake increased from 7.04 to 7.73

Technicals:
+ All Time High (ATH) Breakout
+ Price Higher High - Higher Low on M Chart
+ Monthly MCAD Turning Positive along with ATH Breakout
+ MACD and ADX Favorable on M & W chart
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