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Munish_Jain
Jan 29, 2024 8:52 AM

ISMTLTD | Positional Trade Long

ISMT LTDNSE

Description

📊 DETAILS
Sector: Iron & Steel
Mkt Cap: 3,201 cr

Incorporated in 1977, ISMT Ltd. is mainly engaged in manufacturing seamless tubes and engineering steels.

TTM PE : 19.70 (Average PE)
Sector PE : 7.12
Beta : 1.25

📚 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

12.19% away from 52 week high
Outperformer - ISMT up by 14.29% v/s NIFTY 50 up by 0.01% in last 1 month

📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

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Trade active

Trade closed: stop reached

Comments
akhilagarwal885
Hi sir, does trade active hear mean that we should consider adding some quantity here over the small quantity added previously?
Munish_Jain
@akhilagarwal885, yeah possibly. It can also mean a target/SL is hit.. added some qty today but it went down a little
akhilagarwal885
@Munish_Jain, Understood, Thankyou
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