MUKUND LIMITED - TECHNICAL VIEW - WEEKLY TIME FRAMEMukund Limited - technical view
MUKANDLTD, here we are in wave 4 complex correction & could end @ 91 levels. Lets see hoe wave 5 unfolds in MUKUNDLTD.
6.51 INR
1.03 B INR
51.70 B INR
35.81 M
About MUKAND LTD.
Sector
Industry
CEO
Nirajkumar R. Bajaj
Website
Headquarters
Mumbai
Founded
1937
ISIN
INE304A01026
FIGI
BBG000CWNY78
Mukand Ltd. engages in the manufacture and sale of alloy steel products, rods, structural, rails, and stainless-steel bars. It operates through the following segments: Steel, Industrial Machinery and Engineering Contracts, and Others. The Steel segment includes billets, blooms, rounds, wire rods, bars, rods and sections, bright bars and wires of special & alloy steel and stainless steel. The Industrial Machinery and Engineering Contracts segment comprises of cranes, steel structural, material handling equipment, processing plant, and equipment. The Others segment involves road construction, property development and income from operations of non-banking financial Activities. The company was founded on November 29, 1937, and is headquartered in Mumbai, India.
Mukand LimitedMukand Limited, Mukand consolidated net profit declines 21.36% in the June 2024 quarter
Net profit of Mukand declined 21.36% to Rs 24.33 crore in the quarter ended June 2024 as against Rs 30.94 crore during the previous quarter ended June 2023. Sales declined 8.99% to Rs 1257.99 crore in the quarter
Long Opportunity in Mukand Ltd: Bullish Outlook for Potential UpMukand Ltd presents a compelling long opportunity as per my technical analysis. The stock has displayed strong bullish momentum, supported by robust fundamentals and positive market sentiment.
Technical indicators suggest that Mukand Ltd is poised for an upward trajectory, with the price currently
MUKANDLTDNSE:MUKANDLTD
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : Y
MUKANDLTD Looks bullish stock gave a good breakout of its all time high with good volumes and giving a healthy consolidation after the breakout.
before breakout also there was a long healthy consolidation for about 4 years.
currently on a weekly time frame there is good bullish candle which makes a strong closing on the u
MUKANDLTD strong breakoutprice broke multiyear resistance area
formed decent base above resistance and now broke that base
mcap 2373cr
stock pe 13.4 < industry pe 14.1
cmp 164 > book value 59.1
dividend yield 1.21%
debt to eq 1.74
promoter holding 74.7% vs 71.68% in MARCH 2017
recently company reduced debt significantly
Round Bottom Breakout - MUKANDPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MUKANDLTD is 105.14 INR — it has increased by 2.99% in the past 24 hours. Watch MUKAND LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange MUKAND LTD. stocks are traded under the ticker MUKANDLTD.
MUKANDLTD stock has risen by 6.81% compared to the previous week, the month change is a 2.27% rise, over the last year MUKAND LTD. has showed a −36.80% decrease.
MUKANDLTD reached its all-time high on Jan 3, 2024 with the price of 212.50 INR, and its all-time low was 8.37 INR and was reached on Nov 6, 2003. View more price dynamics on MUKANDLTD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MUKANDLTD stock is 7.54% volatile and has beta coefficient of 1.47. Track MUKAND LTD. stock price on the chart and check out the list of the most volatile stocks — is MUKAND LTD. there?
Today MUKAND LTD. has the market capitalization of 14.60 B, it has increased by 4.22% over the last week.
Yes, you can track MUKAND LTD. financials in yearly and quarterly reports right on TradingView.
MUKANDLTD net income for the last quarter is 148.80 M INR, while the quarter before that showed 257.80 M INR of net income which accounts for −42.28% change. Track more MUKAND LTD. financial stats to get the full picture.
Yes, MUKANDLTD dividends are paid annually. The last dividend per share was 2.00 INR. As of today, Dividend Yield (TTM)% is 1.98%. Tracking MUKAND LTD. dividends might help you take more informed decisions.
MUKAND LTD. dividend yield was 1.35% in 2023, and payout ratio reached 28.14%. The year before the numbers were 1.43% and 16.82% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 23, 2025, the company has 1.47 K employees. See our rating of the largest employees — is MUKAND LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MUKAND LTD. EBITDA is 3.02 B INR, and current EBITDA margin is 5.51%. See more stats in MUKAND LTD. financial statements.
Like other stocks, MUKANDLTD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MUKAND LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MUKAND LTD. technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MUKAND LTD. stock shows the neutral signal. See more of MUKAND LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.