*With Increase in Price, Trail Stop Loss* *Book Profit as per Your Risk Appetite*
*Fundamentally Stable Company* A diversified resources company with interests in Zinclead-silver, oil and gas, aluminum, power, steel, copper, and iron ore. Also one of the largest resources company in India.
Benefits from ownership of low cost, cash rich oil & gas (Cairn) and zinc-lead-silver (Zinc India) businesses
Increasing Sales / Profitability: Qtrly / Yearly Basis. Moderate Leverage (Net debt stood at Rs. 27,576cr, with Net Debt-to-EBITDA ratio improving to 0.7x). +ve Cash Flows. Improvement in RoA / RoE / ROCE in FY21 over FY20. Significant Promoter Holding: Incresed to 69.69% in Dec'21 from 65.18% in Sep'21. Dividend Paying Co.
Considering a potential restructuring of the overall mining operations. May include demerger and listing of its aluminum/iron/steel/oil/ gas businesses as separate standalone entities.
Concern: Cash allocation. Fall in commodity prices.
*Do Your Own Research as Well. This is Just an Opinion.* Your Opinion may Differ and is Respected. 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.