Will luck favor this engineering conglomerate?NSE:GOODLUCK
Technicals:
--> Stock nearing an all-time high
--> Price is climbing steadily with increasing volumes
--> Base formation will complete at the all-time high
--> Relative strength stronger than the benchmark
Fundamentals:
--> ROE/ ROCE ~ 16-17%
--> Debt to equity ratio is fair (1) with a good interest coverage ratio (~3)
--> No promoter pledging
--> Sales are continuously rising for the past 10 quarters at least
Disclaimer: Not a recommendation. For research and education purposes only.
Source: screener.in, tickertape.in
