Reversal Trade Alert: Titagarh Rail System
Titagarh Rail System Analysis:
The stock is currently exhibiting a higher high and higher low formation on the weekly timeframe, indicating a potential bullish trend. It is approaching a strong support level and is also near the 200 EMA, which adds to the likelihood of a reversal.
However, it's important to note that confirmation of this reversal has yet to occur. Keep an eye on key levels and any indicators that may signal a shift in momentum.
PROS:
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 84.5% CAGR over last 5 years
Company's median sales growth is 22.0% of last 10 years
Company's working capital requirements have reduced from 83.6 days to 64.6 days
CONS:
Stock is trading at 7.91 times its book value
Promoter holding has decreased over last quarter: -2.00%
Company has a low return on equity of 12.4% over last 3 years.
As always, do your own research or consult a financial advisor before making any decisions.
The stock is currently exhibiting a higher high and higher low formation on the weekly timeframe, indicating a potential bullish trend. It is approaching a strong support level and is also near the 200 EMA, which adds to the likelihood of a reversal.
However, it's important to note that confirmation of this reversal has yet to occur. Keep an eye on key levels and any indicators that may signal a shift in momentum.
PROS:
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 84.5% CAGR over last 5 years
Company's median sales growth is 22.0% of last 10 years
Company's working capital requirements have reduced from 83.6 days to 64.6 days
CONS:
Stock is trading at 7.91 times its book value
Promoter holding has decreased over last quarter: -2.00%
Company has a low return on equity of 12.4% over last 3 years.
As always, do your own research or consult a financial advisor before making any decisions.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.