Nelco Share Price Target NSE NELCO Nelco shares are trading at 836.50 with immediate share price targets of 825.65 and 875.25. If the price of Nelco is trading above 823.48, the chances of reaching the targets are higher. The session was bullish and prices ranged between 814.80 and 864.40 with volume of -12.66% of the average volume that NSE NELCO Nelco shares typically have.
Nelco Share Price Target
Nelco shares jumped 5.6% on Thursday amid extraordinary volume, breaking the short-term downtrend line decisively. Indicator name Indicator value Indicator signal ADX 20, 20, 0 Sell MACD 6, 17 Sell Stochastic 19 Sell CCI -117 Sell RSI 61 Buy OBV 62819 Sell VWAP 779 Sell ADL 0 Sell ROC -4 Sell Force Index 0 Sell Nelco Price Action Analysis ( (Nelco)) is negative in the short term, but stock sellers have stepped up recently.
This cannot be called a strong bearish trend, especially if the chosen duration is short. Analysis of Nelco’s ((Nelco)) price action on a short-term timeframe is negative, but stock sellers have stepped up recently. A longer analysis of the price action could give a better picture of this stock’s performance.
This means that the stock has a strong uptrend over a period of time. The general sentiment of investors generally increases the direction of capital flow over a one-year investment horizon. The current trend is that stocks from these sectors have been popular over the past 12 months.
The MACD has generated a short-term buy signal for Nelco, and the buy signal is strong. Short-term investors can buy Nelco stock at current levels. Investors should buy and hold Nelco shares, targeting a rise from Rs 550 to Rs 560.
With NELCO’s current share price of Rs 751.00, this results in a dividend yield of 0.16%. Another positive thing about Nelco is that the return on invested capital is about 20%.
When we calculate the profit of the company for the last 3 years, it is about 30%, 51% for the last 5 years and 46% for the last 7 years. This is 65.55% lower than in the technology sector and 58.81% lower than in.
Nelco Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
According to recently released financial statements, NELCO Stock has 212.2 cash flows from operations.
Additional Information NELCO stock is considered the first outstanding stock in the associate. If its actual value is higher than the market price, NELCO LTD is considered to be undervalued and we give a buy recommendation.
Most of the key metrics for NELCO stock, such as cash flow from operations, are part of the Valuation Analysis module, which helps investors look for stocks that are currently trading above or below their fair value.
When conducting a NELCO share price analysis, check to measure NELCO market volatility, profitability, liquidity, solvency, performance, growth potential, leverage and other important metrics.
similar companies. Macroaxis uses sophisticated mathematical models and algorithms to analyze your portfolio and positions, like NELCO LTD, but make it easy to understand. Instead, compare the NELCO stock price multiple to a benchmark or its closest competitor to determine whether the stock is relatively undervalued or overvalued.
According to AI Pickup, the Nelco Limited share price forecast for February 2023 is 552.780113163984. Based on Nelco Limited’s share price forecast, shares in Nelco Limited (NSE NELCO) may not be the best investment option.
According to market analyst Sandeep Jain, Nelco Limited is a quality company and is part of the TATA group. NELCO was established on August 31, 1940 and is headquartered in Navi Mumbai, India.
It works through automation and control; and parts of networked systems. Nelco Limited provides systems and solutions for Very Small Aperture Terminal (VSAT) connectivity and integrated security and surveillance in India.
Nelco filled defense orders in 2001-02 and the company has orders worth Rs. The company completed orders for defense needs in 2001-02 and the company has orders worth Rs 12.80 crore for the supply of global positioning receivers for the military and aviation to be completed in 2002-03.
The doubling resulted in an increase in Tata Steel’s revenue, which led to a reduction in its debt. Experts said the hit is due to a doubling in metal prices over the past year, while Nelco and Tata Elxsi are in the IT sector, where business volume is expected to increase post-Covid after Covid.
Over the past month, Tata Steel’s share price has risen by about 18.50%, Tata Elxsi’s shares have risen by about 11%, and Nelco’s shares have skyrocketed to nearly 36%.
Sobha real estate shares and some jewelry stocks were in demand after the release of strong September data. Among the sectors, real estate, consumer durables, automotive and information technology attracted the largest purchases, while oil and gas stocks came under pressure.
The market looked better overall as the BSE mid-cap and small-cap indexes gained over 1% each. Several titles reached the upper limits of the circuit during the session, each increasing by 20%. Over the past six months, Nelco’s share price has outperformed the S&P BSE 100 by +52.71%.
My stock analysis is bullish in the short term, but the stock is in a semi-upper buying zone and there is some chance of seeing a decline tomorrow. The Ichimoku cloud is colored red and prices are inside or above the red cloud.
It looks like prices are falling. CCI has generated a short-term SELL signal for Nelco, but the SELL signal is weak. NELCO’s share price is showing an upward trend, so we believe that similar market segments have been very popular over a period of time.
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Update on February 12, 2022 @ 11:50 am