HINDZINC

stock analysis fundamentals and midtrem vier

The company has good fundamentals currently, the stock price is trading at 438.6 The midterm target for the company seems to be 550 The current ratio of the company is 1.04 which means that the company has sufficient current assets in comparison with its current liabilities promoter’s holding is also good which is at 63.4 The debt equity ratio is also impressive, that is 0.8 2 The standard ratio is below 1 if you talk about return on equity, that is 72.5, which is really impressive Technical view: currently, the stock price is trading below the 200 moving average And a 200 moving average may act as an important resistance level which is currently at 468 important support level 420 RSI is at 38