Navkar Corporation Trading Idea💡

Introduction

Navkar Corp. Ltd. engages in the provision of container freight station and inland container depot operations. It provides services to customers who are in India. The firm’s services include cargo handling services, private freight terminal, reefer containers, empty container storage, facilities for hazardous cargo, bonded warehousing facility, containers repair, and maintenance.

Observation

As we can see stock attempt it second rounding bottom breakout on monthly chart after a very long-time correction once its breakout stock can go as much as shown on the chart. RSI is strong bullish cross over 2024 feb trade above 20-month ema.

Let's touch fundamentals

ROCE - 1.51%
ROE - -0.17%
Debt to equity - 0.11
PE -
Promoter Holding - 71%
Public holding - 28%
Promoter Holding Pledge - zero

Technical Analysis & indicators 🔍

Monthly chart
Cup & Handle

News of the day

1. Pharmaceutical company NATCO Pharma has sold a 14.38-acre land in the Ranga Reddy district of Telangana, India, for 1.16 billion Indian rupees, including infrastructure cost, according to a Wednesday filing to the stock exchanges.

2. Battery maker invests 1 bln rupees ($11.8 mln) in unit Exide Energy Solutions, which makes lithium-ion battery cells for electric vehicles

3. Infrastructure major KEC International, has bagged new orders worth 17.04 billion Indian rupees from the Power Grid Corporation of India, according to a Wednesday filing to the stock exchanges.The orders are for the design, supply, and installation of 765 kV transmission lines and GIS substations.

Educational content 📖

This stock analysis is designed for educational purposes and should not be taken as financial advice. Please carry out your own research or consult with a financial advisor before investing.

Fri Nov 29, 2024