Stock in downtrend: Maan Aluminium
Maan Aluminium Ltd. has experienced heavy selling for the last few days.
The quarterly results saw a drastic decline in net profit.
Net Cash Flow is zero
However, the ROE of the company has been strong at 32% in the last 3 years.
ROCE for Mar 2024 was 25%.
It is currently trading near 172 levels.
Support Levels: 159, 146, 118
Resistance Levels: 205, 235, 260
The quarterly results saw a drastic decline in net profit.
Net Cash Flow is zero
However, the ROE of the company has been strong at 32% in the last 3 years.
ROCE for Mar 2024 was 25%.
It is currently trading near 172 levels.
Support Levels: 159, 146, 118
Resistance Levels: 205, 235, 260
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.