Momentum Swing Idea| Mallcom (India) LtdMallcom (India) Ltd
Established in 1983, Mallcom (India) Ltd. is an ISO certified and government-registered star trading house. The company is in the business of manufacturing Personal Protective Equipment and Industrial Safety products.
Financial =strong
Market Cap ₹ 649 Cr. Stock P/E 18.9 ROCE 20.5 %
ROE 19.9 % Debt to equity 0.45 Promoter holding 73.7 %
Quick ratio 0.88 Current ratio 1.49 Piotroski score 6.00
Profit Var 3Yrs 28.2 % Sales growth 3Years 12.6 % Return on assets 11.7 %
This stock is small cap with unique business . moreover fundamentally strong company.
as well as RSI took support on 55 range . in near time if market breath is positive than this stock will be next level or if it break the momentum zone than be cautious. everyone must take glance in this business idea. even this type of small cap stock make next multibagger .
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.
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