{"id":286286,"date":"2013-01-30T12:35:43","date_gmt":"2013-01-30T07:05:43","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=286286"},"modified":"2013-01-30T12:45:37","modified_gmt":"2013-01-30T07:15:37","slug":"analysis-nilkamal","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2013\/01\/30\/analysis-nilkamal\/","title":{"rendered":"Analysis: NILKAMAL"},"content":{"rendered":"

Sometimes, fundamental analysis and technical analysis will be at odds with each other. Nilkamal [stockquote]NILKAMAL[\/stockquote] is a case in point.<\/p>\n

\"NILKAMAL<\/a><\/p>\n

Looking at its long term chart, one could argue that there is a slight uptrend. It seems like the stock tested the trend a few times and managed to hang on to it. However, is it the best possible bet amongst all other stocks you could possibly invest in? Lets see what Globe Capital<\/a> has to say about it:<\/p>\n

    \n
  1. Dominant player with a market share of ~40%<\/li>\n
  2. Wide distribution network<\/li>\n
  3. Holds market leadership in material handling equipment business (MHEB)<\/li>\n
  4. Promising industry outlook<\/li>\n<\/ol>\n

    \"NILKAMAL<\/a>Of these, only #3 and #4 are about the future<\/em> of the company, #1 and #2 are probably already priced in. However, without knowing how much of its revenue and profitability is derived from MHEB, it is impossible to take a call based it. <\/p>\n

    To its credit, Nilkamal has tried to get out of the commodity plastic furniture business through its @home brand. However, with an operating profit of Rs. 34.39 crores on net sales of 380.47 crores (9% margin), I think it deserves the ~5 PE it is trading at.<\/p>\n

    \"NILKAMAL<\/a><\/p>\n

    Short-term technicals don\u2019t hold out much hope either. Even though RSI<\/a> is at over sold levels, MACD<\/a> and Abhishek\u2019s favorite Guppy Lines<\/a> are not showing any upside.<\/p>\n

    To summarize: Avoid Nilkamal. There are bigger fish in the sea.<\/p>\n

    Abhishek will be back on Friday with his Technical Analysis posts.<\/em><\/p>\n

    <\/p>\n

    \n
    Open a StockViz Demat Account today!<\/a> <\/div>\n
    \"call<\/a> <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Sometimes, fundamental analysis and technical analysis will be at odds with each other. Nilkamal [stockquote]NILKAMAL[\/stockquote] is a case in point. Looking at its long term chart, one could argue that there is a slight uptrend. It seems like the stock tested the trend a few times and managed to hang on to it. However, is … <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[341,815],"class_list":["post-286286","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-nilkamal","tag-technical-analysis","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/286286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=286286"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/286286\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=286286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=286286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=286286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}