Stock Analysis: MIC Electronics
Introduction:
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
Fundamentals:
Market Cap: ₹ 1,758 Cr.;
Stock P/E: 31.2 (Ind. P/E: 97.3) 👍;
ROCE: 12.3% 👍;
ROE: 60.3% 👍;
3 Years Sales Growth: 269% 👍;
3 Years Profit Growth: 130% 👍;
3 Years Stock Price CAGR: 55% 👍
Cons: Company has high debtors of 169 days.
Technicals:
MIC Electronics is trading near the strong support zone of 70 levels.
36% down from all time high price of 115.
Resistance levels: 96, 115
Support levels: 69, 54, 48
Note: As per technical analysis, downside risk is minimum, and upside potential is huge.
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
Fundamentals:
Market Cap: ₹ 1,758 Cr.;
Stock P/E: 31.2 (Ind. P/E: 97.3) 👍;
ROCE: 12.3% 👍;
ROE: 60.3% 👍;
3 Years Sales Growth: 269% 👍;
3 Years Profit Growth: 130% 👍;
3 Years Stock Price CAGR: 55% 👍
Cons: Company has high debtors of 169 days.
Technicals:
MIC Electronics is trading near the strong support zone of 70 levels.
36% down from all time high price of 115.
Resistance levels: 96, 115
Support levels: 69, 54, 48
Note: As per technical analysis, downside risk is minimum, and upside potential is huge.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.