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Munish_Jain
Jan 26, 2024 6:14 PM

ELGIEQUIP | Positional Trade Long

ELGI EQUIPMENT LTDNSE

Description

📊 DETAILS
Sector: Compressors / Pumps
Mkt Cap: 18,398 cr

Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplying Air Compressors
** & Automotive Equipments**. It is also providing related after sales services

TTM PE : 45.78 (Low PE)
Sector PE : 45.66
Beta : 0.36

📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation

7.70% away from 52 week high
Outperformer - Elgi Equipments up by 6.39% v/s NIFTY 50 up by 0.01% in last 1 month

📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Trade active

Trade closed: target reached

T1

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