NORTHERN ARC CAPITAL LTD
Panjang

Positional setup for Northern Arc Capital Ltd (NSE: NORTHARC)

57
Technical Analysis (Daily Chart)
CMP: ₹256.60

Structure: Recently broke above resistance around ₹245–255 on steady volume, with tight 5‑9‑20 EMA alignment signaling momentum shift to bullish.

Support Level: ₹245–250 (former resistance, now support).

Stop‑Loss: Daily close below ₹245.

Targets:

🥅 Target 1: ₹285 (next resistance)

🥅 Target 2: ₹320+

🏦 Fundamental Insights (Latest Numbers)
Metric Value
Market Cap ₹4,200 Cr (~₹4.1K Cr)
Screener
P/E Ratio ~12×
P/B Ratio ~1.2×
ROCE / ROE ~10% / ~12%
Net Profit CAGR (5Y) ~31%
Q4 Net Profit ₹47 Cr (Qs: ₹95 Cr → ₹47 Cr)
Dividends None currently
Interest Coverage Low—margin for higher finance cost

Summary: Northern Arc is a niche NBFC focusing on underserved credit. It offers strong growth (~31% profit CAGR) and attractive valuation (~12x P/E), but has limited dividend income and faces interest cost pressures.

Penafian

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