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.