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IRCON

IRCON can move upwards after consolidation. IRCON International Ltd. engages in the provision of engineering and construction services. It specializes in major infrastructure projects, including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, extra high voltage sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. The company operates through the Domestic and International geographic segments. IRCON International Ltd. 225.88. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Effectively using its capital to generate profit and High Volume, High Gain. The Negative aspects of the company are High Valuation (P.E. = 23.1), MFs decreased their shareholding last quarter, Underperforming their Industry Price Change in the Quarter and Increasing Trend in Non-Core Income. Entry can be taken after closing above 227 Targets in the stock will be 246, 265 and 285. The long-term target in the stock will be 316 and 352. Stop loss in the stock should be maintained at Closing below 180. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:IRCONLong
by Happy_Candles_Investment
Ircon International Ltd - Breakout Setup, Move is ON...#IRCON trading above Resistance of 298 Next Resistance is at 423 Support is at 211 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:IRCONLong
by MandeepSinghKohli
6
#RML cmp 721 BUY Recommendation by Rachit SethiaRML CMP 721 TGT 922 SL 656 TIMEFRAME <6M RR > 3 Return >27% 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:RMLLong
by Rachit_Sethia
2
IRCON Short Term ReversalThe stock has reached lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 1.5:1 SL is placed below multiple support zones & lower trendline. The target is placed near upper trendline and swing high. Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
NSE:IRCONLong
by tradewidmufeeth
Miniratna - Fundamental Fair value 105; Bull Case Value 115Fundamental Fair value 105; Bull Case Value 115, Now at the 200 MA potential move to 105/115 in next 6 months. Stock P/E: 11.23 Book Value: 88.70 Dividend Yield: 5.30 % ROCE: 10.72 % ROE: 11.93 % Sales Growth (3Yrs): 20.68 % Face Value: 2.00 GOI holding 89.18% Company has reduced debt. Stock is trading at 1.01 times its book value Company has been maintaining a healthy dividend payout of 40.68% Debtor days have improved from 49.74 to 37.32 days. Government of India holds 89.18% equity in IRCON. The company is a Mini Ratna Category – I Public Sector Undertaking since 1998. The board of IRCON is headed by Mr. Sunil Kumar Chaudhary (current Chairman and Managing Director). He holds a bachelor’s degree in science (civil engineering) from University of Delhi and a master’s degree in technology (Management and systems) from the Indian Institute of Technology, Delhi. In the past, he was on the board of companies such as National Buildings Construction Corporation (India) Limited and Housing and Urban Development Corporation Limited and is experienced in handling infrastructure projects such as railways, airports, flyovers and bridges etc. IRCON has a professionally managed by the Board of Directors comprising three whole-time directors, two government nominee directors and three independent directors. Above data is copied from publicly available data available on various websites, i do not take responsibility for any loss.
NSE:IRCONLong
by Mukadam