MPS Ltd : ₹ 597.60 (Printing & Stationery) is currently at 50 % retracement level and at support now.
having an initial resistance at 700 area, on break from the res it can see higher levels.
The Company provides publishing solutions, including content creation, production, transformation and technology services, such as computer programming and related activities, and information service activities. Its content creation and development service comprises authorship and foundation of the publishing business. Good scrip for a long term investment.
Market Cap.: ₹ 1,112.55 Cr.
Book Value: ₹ 184.98
Stock P/E: 16
52 Week High/Low: ₹ 799.00 / ₹ 620.00
ROE: 21%
Number of equity shares: 1.86 cr
EPS: ₹ 37
Expected quarterly EPS: ₹ 12
having an initial resistance at 700 area, on break from the res it can see higher levels.
The Company provides publishing solutions, including content creation, production, transformation and technology services, such as computer programming and related activities, and information service activities. Its content creation and development service comprises authorship and foundation of the publishing business. Good scrip for a long term investment.
Market Cap.: ₹ 1,112.55 Cr.
Book Value: ₹ 184.98
Stock P/E: 16
52 Week High/Low: ₹ 799.00 / ₹ 620.00
ROE: 21%
Number of equity shares: 1.86 cr
EPS: ₹ 37
Expected quarterly EPS: ₹ 12
Comment:
At crucial support line, strongly believes in fundamentals that it cannot break this support 555. Technically the stock is weak as the daily MACD is below zero line , but having a positive divergence.