Nlc India

22 thg 5, 2022

NLC india.. PSU mining & power generation company ... Good fundamental company. Company pay around ₹3-5 divided every year. Company book value is 104 and current market price is 83 ...trading below the book value. undervalued stock. From last 1 year good volume buying seen on chart, stock is under consolidation/ acculamtion phase from last 12 year.. at CMP can be safe bet for long-term with including divided. Good move expected if stock close above 120. From current level if stock moves at around book value level to then also we will get around 30% return in next 1 year including dividend. As per me small investment can be done in this stock with time frame of 1-2 yrs...i am expecting consolidation phase will get over soon and it will enter in advance phase which will increase the price rapidly.. note this is very slow moving stock