Indo National (NIPPOBATRY)is engaged in the business of manufacture and
marketing of batteries, torches, LED products, emergency power backup products,
mosquito bats and other electrical goods.
Technical View: The stock had a descending triangle breakout with strong bullish
candle ,Structure look positive , RSI divergence indicate buying signal and MACD
crossover is supporting trend, Classical descending triangle pattern exit we expect
positive move in near term.
Volume analysis:- One month averaged delivery volume increase by 75.35% and
one day delivery volume increase by 4733.78% over 5 day average, which show
stock is building up positive momentum, Hence; we recommend “BUY’ signal only
above from for the target of 550 and 580 With Stop loss below 470.
Moving Averages :-Indo-National Ltd. is trading higher than 5 day, 20 day, 50 day,
100 day and 200 day moving averages.
5 Day 434.38 50 Day 469.22 200 Day 455.30
20 Day 436.85 100 Day 492.19
Date 20/12/2021
Shareholding pattern:-
Promoters holding 65.35%, The Promoter holdings have remained constant.
However, the number of shares held by the Promoters has increased by 100%,The
proportion of Promoter pledged shares has decreased by -3.6724%
Key Statistics
P/E Ratio
11.75
1-Yr Return
65.34
(Best) P/E Ratio
0.00
30 DA Vol (m)
0.01
(Best) PEG Ratio
0.00
EPS (Rs.)
81.01
Shares Outstanding (cr)
3.75
Best EPS Curr (Rs.)
0.00
Price/Book Ratio
1.47
Dividend
2.63
Price/Sales Ratio
0.67
Last Dividend
0.00