NELCO. A Tata Group stock with good fundamentals.
Updated
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.
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.