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Thermax Ltd. And NLC India Ltd.

Discussion in 'Fundamental Analysis' started by mailtoswarup, Dec 11, 2017.

  1. mailtoswarup

    mailtoswarup Member

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    Shabbir sir, what is your view on above mentioned companies as longterm investments. I dont have much knowledge about fundamentals but Thermax looks good on charts for short term with targets above 1300.

    Sent from my Redmi Note 3 using DIY Technical Analysis mobile app
     
  2. shabbir

    shabbir Administrator Staff Member

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    Thermax - A the company has no sales growth for last 5 years and so it is clearly an avoid for me.

    NLC - Has a debt to equity ratio of 0.95 and so it is again an avoid for me.
     
  3. mailtoswarup

    mailtoswarup Member

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