NELCO. A Tata Group stock with good fundamentals.
Fundamentally Good. Balance Sheet +ve.
Good Quarterly growth and YoY.
Item YOY Dec 2023 Sep 2023 Dec 2022
Sales ⇡ 12% 83.2 76.6 74.2
EBIDT ⇡ 8% 16.3 13.9 15.1
Net profit ⇡ 23% 6.15 5.69 5.00
EPS ⇡ 23% ₹ 2.70 ₹ 2.49 ₹ 2.19
ROE
20.5 %
Stock P/E
77.6
It might not be the right time. But beyond the levels mentioned, trade will be active.
Thanks.
Good Quarterly growth and YoY.
Item YOY Dec 2023 Sep 2023 Dec 2022
Sales ⇡ 12% 83.2 76.6 74.2
EBIDT ⇡ 8% 16.3 13.9 15.1
Net profit ⇡ 23% 6.15 5.69 5.00
EPS ⇡ 23% ₹ 2.70 ₹ 2.49 ₹ 2.19
ROE
20.5 %
Stock P/E
77.6
It might not be the right time. But beyond the levels mentioned, trade will be active.
Thanks.
Trade active
Breakout!!Trade closed: target reached
Target Hit.
New Breakout and Opportunity.
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