Tamil Nadu Petro Products Ltd| A Momentum Stock
Tamil Nadu Petro Products Ltd| A Momentum Stock
Tamilnadu Petroproducts Limited, headquartered at Chennai, Tamilnadu, India is jointly promoted by Southern Petrochemical Industries Corporation Limited (SPIC) and Tamilnadu Industrial Development Corporation Limited (TIDCO) and is engaged in the business of petrochemical products viz, Linear Alkyl Benzene (LAB), Caustic Soda, Chlorine and Propylene Oxide.
Friends
you can clearly seen down rectangle pattern break out with rsi above 55(indicate momentum start).
my motto: I learn simple ways and earn simple ways. Though I present all my ideas with simple presentation . so everyone can understand and learn simple ways to make money.
Financial: excellent
Market Cap = ₹ 900 Cr. ROCE = 15.1 % ROE = 11.8 %
Debt to equity = 0.03 Promoter holding = 34.5 %
Quick ratio = 3.65 Current ratio = 4.45 Piotroski score = 4.00
Profit Var 3Yrs = 13.6 % Sales growth 3Years = 20.6 % Return on assets = 8.88 %
company is in well stable financial with momentum zone.
nugget: stock market me shadi vaha hoti hai jaha dol nahi bajate. yani ki jab koi bat na kare us stock ke bare me tab usko buy karna chahie.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Tamilnadu Petroproducts Limited, headquartered at Chennai, Tamilnadu, India is jointly promoted by Southern Petrochemical Industries Corporation Limited (SPIC) and Tamilnadu Industrial Development Corporation Limited (TIDCO) and is engaged in the business of petrochemical products viz, Linear Alkyl Benzene (LAB), Caustic Soda, Chlorine and Propylene Oxide.
Friends
you can clearly seen down rectangle pattern break out with rsi above 55(indicate momentum start).
my motto: I learn simple ways and earn simple ways. Though I present all my ideas with simple presentation . so everyone can understand and learn simple ways to make money.
Financial: excellent
Market Cap = ₹ 900 Cr. ROCE = 15.1 % ROE = 11.8 %
Debt to equity = 0.03 Promoter holding = 34.5 %
Quick ratio = 3.65 Current ratio = 4.45 Piotroski score = 4.00
Profit Var 3Yrs = 13.6 % Sales growth 3Years = 20.6 % Return on assets = 8.88 %
company is in well stable financial with momentum zone.
nugget: stock market me shadi vaha hoti hai jaha dol nahi bajate. yani ki jab koi bat na kare us stock ke bare me tab usko buy karna chahie.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
