INDO STAR CAPTIAL LTDBREAKOUT STOCK
Stock: #INDOSTAR
Chart: daily
View: bullish
Key points:
Indostar Capital Finance is trading 7.63% upper at Rs 336.40 as compared to its last closing price.
Indostar Capital Finance has been trading in the price range of 345.20 & 308.60.
Indostar Capital Finance has given 24.58% in this year & 6.28% in the last 5 days.
Indostar Capital Finance has TTM P/E ratio 79.27 as compared to the sector P/E of 33.60.
(7.63%).
The Mutual Fund holding in Indostar Capital Finance was at 0.01% in 31 Mar 2025.
The MF holding has decreased from the last quarter.
The FIl holding in Indostar Capital Finance was at 2.68% in 31 Mar 2025.
The FIl holding has increased from the last quarter
Technicl
NMDC LTDNMDC Limited (National Mineral Development Corporation) is a leading Indian public sector enterprise under the Ministry of Steel, Government of India. Established in 1958, NMDC is India's largest producer of iron ore, with operations spanning mining, mineral exploration, and value-added production.
🏢 Company Overview
Headquarters: Hyderabad, Telangana
Chairman & Managing Director: Amitava Mukherjee
Ownership: Government of India holds approximately 60.79% stake
Employees: Approximately 5,887 (as of March 2019)
🛠️ Core Operations
Iron Ore Mining: NMDC operates highly mechanized iron ore mines in Chhattisgarh (Bailadila) and Karnataka (Donimalai), producing over 45 million tonnes annually.
Diamond Mining: Operates India's only mechanized diamond mine at Panna, Madhya Pradesh, with a capacity of 84,000 carats per year.
Other Minerals: Engaged in the exploration and extraction of copper, rock phosphate, limestone, dolomite, gypsum, bentonite, and beach sands.
🌍 Global Presence & Diversification
International Ventures: Through its subsidiary, Legacy Iron Ore Limited, NMDC holds exploration tenements in Western Australia for iron ore, gold, tungsten, and base metals.
Strategic Investments: Holds a 26% stake in International Coal Ventures Pvt. Ltd. (ICVL), which owns coking coal deposits in Mozambique.
🏗️ Nagarnar Steel Plant
NMDC established a 3 million tonnes per annum (MTPA) integrated steel plant at Nagarnar, Chhattisgarh, to diversify into steel production. In 2022, the steel business was demerged to form NMDC Steel Limited, which was listed on Indian stock exchanges in February 2023.
📈 Financial Highlights
Stock Listings: Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under the ticker symbol 'NMDC'.
Shareholding Pattern (as of February 2020):
Government of India: 69.65%
Life Insurance Corporation of India: 13.699%
Other Institutional Investors: Approximately 24%
🏆 Awards & Recognition
SCOPE Eminence Award 2019-20 for CSR Excellence
Most Sustainable & Innovative Manufacturing Practices at World HRD Congress & Awards 2024
CEO of the Year Award at the Business Leader of Year 2024
Best PSU for CSR in Mining and Minerals at the Global CSR Excellence and Leadership Awards 2024
RSI Divergence part 2The relative strength index (RSI) is calculated using the following formula: RSI = 100 – 100 / (1 + RS) Where RS = Average gain of up periods during the specified time frame / Average loss of down periods during the specified time frame asset price is considered overbought (due for a correction) when RSI is above 70, and oversold (due for a rebound) when it is below 30. Some traders use more extreme levels (80/20) to reduce false readings.
In a strong uptrend, RSI will often reach 70 and beyond for sustained periods, and downtrends can stay at 30 or below for a long time. While general overbought and oversold levels can be accurate, they may not provide the most timely signals for trend traders.
Advanced Trading part 2Advanced trading encompasses sophisticated strategies, tools, and techniques used by experienced traders to navigate complex financial markets and potentially generate higher returns. It involves a deeper understanding of market dynamics, risk management, and technical analysis beyond the basics.