Indo Borax & Chemicals Ltd | A Momentum Stock
Indo Borax & Chemicals Ltd | A Momentum Stock
was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.
Fundamentals: excellent
Market Cap =₹ 604 Cr. ROCE = 28.7 % ROE = 21.0 % Debt to equity =0.0
Promoter holding=52.1 % Quick ratio =10.7 Current ratio=13.7
Piotroski score =9.0 Profit Var 3Yrs =44.1% Sales growth 3Years =25.0%
Return on assets = 19.6 %
I shared my personal view so just take it as educational purpose and learn how to invest in momentum stocks and grow fast.
nugget; it takes time but big money earn with boring way.
If you find some value for this idea than like boost and follow me for more ideas.
was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.
Fundamentals: excellent
Market Cap =₹ 604 Cr. ROCE = 28.7 % ROE = 21.0 % Debt to equity =0.0
Promoter holding=52.1 % Quick ratio =10.7 Current ratio=13.7
Piotroski score =9.0 Profit Var 3Yrs =44.1% Sales growth 3Years =25.0%
Return on assets = 19.6 %
I shared my personal view so just take it as educational purpose and learn how to invest in momentum stocks and grow fast.
nugget; it takes time but big money earn with boring way.
If you find some value for this idea than like boost and follow me for more ideas.
Trade closed: target reached
TARGET DONE WITHIN 8 DAYS .NOW TRAILING STOPLOSS USE TO MAXIMISE PROFIT
THIS IS THE POWER OF MOMENTUM INVWSTING
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