Happy_Candles_Investment

MMTC trying to gain the lost mojo

Long
MMTC (NSE:MMTC)  
NSE:MMTC   MMTC
MMTC Ltd. CMP – 59.95
Market Capitalization Rs 8,992.5Cr

Red Flags:🟥
High Valuation (P.E. = 51.7)

Green Flags:🟩
No debt
Zero promoter pledge
MFs are increasing stake
Improving annual net profit
Improving cash from operations annual

Previous Happy Candles Number – 36/100
New Happy Candles Number – 81/100

Fresh Entry/ averaging / compounding after closing above 61.81
Targets: 62.10 and 67.25
Long term target: 74.80
Stop loss: Closing below 49.40

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.

Happy Candles Investment
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