Please do a Technical and Fundamental analysis on Samvardhana Motherosn Sumi International

Please do a Technical and Fundamental analysis on Samvardhana Motherosn Sumi International

why not learn technical and fundamental analysis and try it yourself?

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You should get yourself some technical analysis skills it’s not hard

Varsity if you want to learn:

Chart and google finance if you want something fast. :racing_car:

Let me do it for you , but not a recommendation , Mainly i do follow TA , but still i will share my fundamental analysis also :slightly_smiling_face: , present per share value is Rs.165 Book Value is Rs.37.2 having face value Rs.1 , its EPs DPs are increasing and also its Net income , Revue and Market sharers are increasing . Dividend Yield is 0.48% , Promoter holding is around 58% Mutual funds holding a5% FIIs holding 13% DIIs 4% good thing is that Retail&others having 8% So fundamentally its Ok but Technically it was overbought on Monthly chart , but recent corrections made it to the zone of oversold position and Motherson has taken a good support on a major trend line It made β€œW” format on long term chart but correcting back to its Neck line level of Rs.120/- It seems to be Motherson is in a Range , For me its direction is not clear .
Please note that the above analysis is just for Knowledge sharing not any recommendation :slightly_smiling_face:



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As a curiosity, checked the stock again after 3 months , its down by around 20% from the level of 165 , now it has become a falling knife , wondering Fundamental analysis is a waste of time , TA is more useful :slightly_smiling_face: :thinking: