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Is MOIL looking attractive at CMP

Discussion in 'Fundamental Analysis' started by naveen1241, May 24, 2013.

  1. naveen1241

    naveen1241 Responder

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    Hi All,

    Suggestions invited :) . Although we have a fundamental analysis section, i could'nt find any member interested in the fundamental side.

    Still if any one left out, please post your views on MOIL @ CMP. Also why this stock is falling for quite sometime, rather since listing day.

    Thanks
    Naveen
     
    Last edited: May 24, 2013
    naveen1241, May 24, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    It is not that we are not interested but then we are bunch of TA interested people still I prefer to be doing fundamentals from time to time and so I will do that here for you.

    Technically this stock is battered and looks no hope and so let me see the fundamental aspects of it.

    Fundamentally I like to see few things but first I prefer is sales should always be going up and ideally it should double in 4 years time frame. For Moil I see for March 08 to March 12 I see as .

    March 08 - 983.56 Crores
    March 09 - 1,296.39 Crores
    March 10 - 971.83 Crores
    March 11 - 1,146.06 Crores
    March 12 - 905.69 Crores

    And so if I look at those numbers, I don't think I would rate this company to be fundamentally good one. Rest can always be worked out considering that they are not able to profit because of some external factors or other things but then sales going in wave is not something goes well for me fundamentally.
     
    shabbir, May 24, 2013
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