Earnings Rank 97.38%.
Price Relative Strength Rank 93.98%.
Sales & Net Profit Growth Rank 97.38%.
Mutual Funds Holdings Rank 97.80%.
Composite Rank 97.69% out of the 862 stocks taken into the BTT tracking Index.
Navin Fluorine, a one kind of rare stock at the moment when the market is struggling to hold strength with all the big time stocks losing ground to their leadership positions. The FY12-Q2 earnings growth is a robust 996% increase in comparison with the same quarter the previous year. This stock has been giving triple digit earnings growth for the past 3 quarters now. The Net profit margins are steady and holding up above 30% since the two quarters now and Sales growth is again in triple digits for the last 2 quarters with a steady increase in Q2 to 144.87% against the same quarter of the previous year.
Trailing Twelve Month results too are showing good strength, the current quarter TTM has registered 290.38% increase in EPS, 26.07% increase in Net Profit margins and a 70.49% increase in sales growth. Almost all the ranking fields show top strength. The stock has been holding the top 90-100% slot in the BTT tracking Index’s Composite ranking since 28th Sept 2011.
On the technical side the stock is in a clear bullish trend on the weekly as well as monthly charts. As the stock is approaching value zone on the weekly chart volume is seen drying up, which is a good indication of a distribution as weaker hands are getting out of the stock. Once into the value zone take entry for both short term as well as long term gains.
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