NMDC LTD.
Long

NMDC - Cheap Valuation, Good Fundamentals, Near Retest Levels

267
Fundamentals:
+ Almost Debt Free Company
+ Highest Quarterly Sales and Quarterly profit
+ Highest Yearly Sales and Yearly profit
+ Cash from Operations 2100 Cr in'20 to 7200 CR in'21
+ ROCE increased from 23% in '20 to 30% in '21
+ Debtor days decreased from 69 to 51

Technical:
+ 10 years Price Range Breakout
+ Price near Breakout Retest levels in M Chart
+ Price Higher High - Higher Low on W Chart
+ Increasing Volumes since last few months

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