Menon Bearings Ltd- Buy in chunksBuy between-123-130
Target-150-165-180
SL-110 on closing basis.
*Note-For educational purposes, only.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
4.27 INR
243.55 M INR
2.12 B INR
16.57 M
About MENON BEARINGS LTD
Sector
Industry
CEO
Ramesh Dattatraya Dixit
Website
Headquarters
Kolhapur
Founded
1991
ISIN
INE071D01033
FIGI
BBG000BHXBG1
Menon Bearings Ltd. engages in the manufacturing and sale of bearings, bushes, and thrust washers. It caters light and heavy automobile engines, two wheeler engines as well as compressors for refrigerators and air conditioners. The company was founded by Ram Krishna Menon on July 4, 1991 and is headquartered in Kolhapur, India.
Menonbe-VCP in Making X weeks X Range above 144 VCP in Making X weeks X Range above 144
1) SeemS perfect Entry
2) 20 % Gain quick
3) LEts see
Note: 144 * 1.10 applied
MENON BEARING AT 130 TGT 160buy menon at 120-25 range with target of 170 in 6-1 year period. support at 120
RSI & Stock Price Mirroring each other- excellent price action-strong support from lower trend
-rsi rising and now near upper resistance should break with stock momentum
-rise in volume and adx shows strength in momentum
-keep in radar it can give good return if follows my analysis
menon bearing..upmove level long term as per risk ..one can observe pending upmove in this..
decide on ur own ..risk ia your
posted as trend pattern analysis learingn only..
Menon BearingsStock has tested 124 multiple times, I see possible breakout without retracement. One can enter now at cmp or enter at 1D breakout candle... FOR TARGET 185 i.e 93%
MENON BEARINGS - VCPVolatility Contraction Pattern has been observed here.
Higher High - Higher Low setup
MACD is supporting this bullish set up.
About 40-42% is up for grabs
MENON BEARINGS - 135% RETURNS!!!BUY - MENON BEARINGS LTD
CMP - Rs. 135
Target - 1: Rs. 180
Target - 2: Rs. 230
Target - 3: Rs. 320
.
.
Technicals - Cup and Handle Pattern BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
Menon bearings showed some sort of pull backMenon bearings have shown some sort of pull back at the level of 92.50, thus it would be the stop loss.
A small stop loss and with a bullish view of 5-7% momentum up to the price of 104.
thus the target is 104
and stop loss is 92.50
Buy Menon Bearings LimitedCompany:- Menon Bearings Limited
Rsi:- greater than 57
volume rising on green candle and lower volume on red candles.
Stock has given breakout of Jan 2022 level on 6th September and after that stock went in one sided upward rally. Now consolidating since 1 month.
Strong seems to be ready for anothe
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MENONBE is 123.66 INR — it has increased by 0.01% in the past 24 hours. Watch MENON BEARINGS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange MENON BEARINGS LTD stocks are traded under the ticker MENONBE.
MENONBE stock has risen by 1.09% compared to the previous week, the month change is a 2.22% rise, over the last year MENON BEARINGS LTD has showed a −9.74% decrease.
MENONBE reached its all-time high on Aug 30, 2023 with the price of 166.40 INR, and its all-time low was 20.59 INR and was reached on Mar 24, 2015. View more price dynamics on MENONBE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MENONBE stock is 2.06% volatile and has beta coefficient of 1.23. Track MENON BEARINGS LTD stock price on the chart and check out the list of the most volatile stocks — is MENON BEARINGS LTD there?
Today MENON BEARINGS LTD has the market capitalization of 6.90 B, it has decreased by −4.29% over the last week.
Yes, you can track MENON BEARINGS LTD financials in yearly and quarterly reports right on TradingView.
MENON BEARINGS LTD is going to release the next earnings report on Jan 31, 2025. Keep track of upcoming events with our Earnings Calendar.
MENONBE net income for the last quarter is 67.00 M INR, while the quarter before that showed 61.57 M INR of net income which accounts for 8.83% change. Track more MENON BEARINGS LTD financial stats to get the full picture.
MENON BEARINGS LTD dividend yield was 2.01% in 2023, and payout ratio reached 51.77%. The year before the numbers were 2.07% and 34.38% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 28, 2024, the company has 243.00 employees. See our rating of the largest employees — is MENON BEARINGS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MENON BEARINGS LTD EBITDA is 416.24 M INR, and current EBITDA margin is 20.68%. See more stats in MENON BEARINGS LTD financial statements.
Like other stocks, MENONBE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MENON BEARINGS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MENON BEARINGS LTD technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MENON BEARINGS LTD stock shows the neutral signal. See more of MENON BEARINGS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.