*NBCC India Ltd.*
Rising C&H formation on Yearly basis.
Strong Bounce back (Post fall of 49%) from Support Zone.
Volume Traction picking up.
RSI: 1H <D >W>M. All in Bullish zone.
EMAs: Widening Gaps amongst 20/50/100/200 levels on Weekly Basis.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Improving Financials. Rising Revenue on Qtrly /Yrly basis. Consistent Profitability Margins. Growing TNW, Acceptable WC Cycle. +ve CF from Ops. ~Consistent RoE / ROCE/ RoA
Promoter (Govt. Navratna Enterprise) Stake. Increasing FII Stake / Almost flat DII Stake.
Subcontracts work in back-to-back arrangement reducing WC requirement (pass on delays in realisations). Strong C&CE of Rs.5.7K.
Concerns:
High Contingent liabilities.
*This is an Opinion. Do your own research as well.*
*_Happy Investing_*🤓
Rising C&H formation on Yearly basis.
Strong Bounce back (Post fall of 49%) from Support Zone.
Volume Traction picking up.
RSI: 1H <D >W>M. All in Bullish zone.
EMAs: Widening Gaps amongst 20/50/100/200 levels on Weekly Basis.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Improving Financials. Rising Revenue on Qtrly /Yrly basis. Consistent Profitability Margins. Growing TNW, Acceptable WC Cycle. +ve CF from Ops. ~Consistent RoE / ROCE/ RoA
Promoter (Govt. Navratna Enterprise) Stake. Increasing FII Stake / Almost flat DII Stake.
Subcontracts work in back-to-back arrangement reducing WC requirement (pass on delays in realisations). Strong C&CE of Rs.5.7K.
Concerns:
High Contingent liabilities.
*This is an Opinion. Do your own research as well.*
*_Happy Investing_*🤓
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.