MIC ELECTRONICS LTD
Panjang

Stock Analysis: MIC Electronics

70
Introduction:
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.

Fundamentals:
Market Cap: ₹ 1,758 Cr.;
Stock P/E: 31.2 (Ind. P/E: 97.3) 👍;
ROCE: 12.3% 👍;
ROE: 60.3% 👍;
3 Years Sales Growth: 269% 👍;
3 Years Profit Growth: 130% 👍;
3 Years Stock Price CAGR: 55% 👍
Cons: Company has high debtors of 169 days.

Technicals:
MIC Electronics is trading near the strong support zone of 70 levels.
36% down from all time high price of 115.
Resistance levels: 96, 115
Support levels: 69, 54, 48

Note: As per technical analysis, downside risk is minimum, and upside potential is huge.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.