Kansai Nerolac
Vivek Marimuthu, MBA, PMP?
Data Strategist | Strategic Transformation | Location Strategy Definition and Execution | Data Governance | PMP certified
Symbol: KANSAINER
Exchange: NSE
Business: Paint and decorative coatings manufacturer.
Stock price movement:
304.85 on 9 Sept 2024
Financial Performance:
Almost debt free
Consistent dividend distribution across the years
Growth in net profits across the quarters
Technical indicators:
A Bullish trend indicated by AMAT, Coppock Cure, DMI, HeikinAshi, Tsignals, Vortex
A bearish trend indicated by OBV, QStick, Trendline
Candle stick patterns:
Since 6 Aug 2024 and in varying time frames, following Bullish candle stick patterns are observed:
Homing Pigeon, Morning star, bullish counter attack, bullish modified hikkake, three inside up
Interference:
Stock shows strong fundamentals. The technicals indicate a consolidation phase in progress with early indications of a potential breakout.
Disclaimer: This analysis is based on the information I have (or found) and personal interpretation. It is not financial advice and should not be used as a basis for investment decisions. Always conduct thorough research before making any investment choices.