Will luck favor this engineering conglomerate?

Dec 21, 2022

GOODLUCK

Technicals:
--> Stock nearing an all-time high
--> Price is climbing steadily with increasing volumes
--> Base formation will complete at the all-time high
--> Relative strength stronger than the benchmark

Fundamentals:
--> ROE/ ROCE ~ 16-17%
--> Debt to equity ratio is fair (1) with a good interest coverage ratio (~3)
--> No promoter pledging
--> Sales are continuously rising for the past 10 quarters at least

Disclaimer: Not a recommendation. For research and education purposes only.
Source: screener.in, tickertape.in

Dec 23, 2022

Trade closed manually

Guess this one ran out of luck!