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NELCO

NELCO getting ready for mega trendNelco Ltd., a Tata Group company specializing in VSAT connectivity and Satcom solutions, has demonstrated steady financial growth with a market cap of ₹2,919 Cr and a current stock price of ₹1,279. Despite a high P/E ratio of 130, the company maintains an ROE of 20.7% and ROCE of 23.4%. Over the past year, sales reached ₹316 Cr with a net profit of ₹22 Cr. Although the stock trades at 23.6 times its book value, Nelco continues to deliver a healthy dividend payout ratio of 23.2%. Recent quarterly sales of ₹74.08 Cr saw a slight dip, yet profitability remains stable. NELCO finally broker-out and ready for 5X to 10X target I bought at 1130 with a stop loss below 1060 T1 - 2048 T2 - 3009 T3 - 3950 T4 - 4563
NSE:NELCOLong
by profitoptionnew
NELCO aiming new bull run and probably new highsNelco Ltd. is a company having its first name of Tata Group is indulged in the operations of System Integration and Product Management for Industrial Solutions, Electronics, Defense Electronics, VSAT Networks and Automation, and offers other related services. Its CMP – 816.7. Negatives of Nelco are so that they have high valuations (P.E. = 106.6). Positives are followed by that they have improving quarterly net profits, improving net cash flow and FII’s are increasing stake in the firm. Entry can be taken after closing above 329 closing. Targets will be 878, 906 and 942. Long Term target 1065 and 1095. Maintain a stop loss at a closing below 740.
NSE:NELCOLong
by Happy_Candles_Investment
NELCO starting looking good long term Entry in NELCO can be taken after closing above 987.6. Targets for the stock will be 1049 and 1095. Stop loss in the stock should be maintained at a closing below 840. NELCO is a TATA group company. NELCO is a company into Satellite Communications. Nelco Limited holds the VSAT License, Internet Service Provider (ISP) License as well as the Inflight & Maritime Communication (IFMC) license issued by Department of Telecommunication, Government of India (DOT). NELCO is a company with Zero Promoter pledge where cash flow is improving and book value of the share is also increasing since last 2 years. The stock is also buy on bounce after dip.
NSE:NELCOLong
by Happy_Candles_Investment
#astramicro #stockstobuy #trading #investing #Nifty #BankNifty NSE: ASTRAMICRO CMP: 308.90 TARGET 424 37% Return on Equity ( Return on Investment ) STOP LOSS 271 RR > 3 Time frame 6m. NSE:ASTRAMICRO Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:ASTRAMICROLong
by Rachit_Sethia
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