Maithan can make smart movesMaithan Alloys Ltd. manufactures and exports manganese alloys. Its products include Ferro silicon, Ferro manganese, and silicon manganese. The firm also generates and supplies wind power.
Maithan Alloys Ltd CMP is 1212.15. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Companies with 10% increase in share price over three months, with rising net profit growth and Companies with rising net profit margins. The Negative aspects of the company are Inefficient use of capital to generate profits, Degrowth in Revenue and Profit, Declining Net Cash Flow : Companies not able to generate net cash and Annual net profit declining.
Entry can be taken after closing above 1223. Targets in the stock will be 1267 and 1307. The long-term target in the stock will be 1351. Stop loss in the stock should be maintained at Closing below 1126.
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.
