Saregama India Ltd |Swing Momentum stock 15 feb 2024
Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom.
financial: strong
Market Cap = ₹ 7,546 Cr. ROCE =17.6 % ROE = 12.8 %
Debt to equity= 0.00 Promoter holding = 59.1 %
Quick ratio = 3.48 Current ratio = 4.24
Profit Var 3Yrs = 58.8 % Sales growth 3Years =12.2 %
this is really good momentum stock with strong financial.
Rsi is also in uptrend.in past there is good movement in huge volume.
this sector is always forever. so my view is long time bullish.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom.
financial: strong
Market Cap = ₹ 7,546 Cr. ROCE =17.6 % ROE = 12.8 %
Debt to equity= 0.00 Promoter holding = 59.1 %
Quick ratio = 3.48 Current ratio = 4.24
Profit Var 3Yrs = 58.8 % Sales growth 3Years =12.2 %
this is really good momentum stock with strong financial.
Rsi is also in uptrend.in past there is good movement in huge volume.
this sector is always forever. so my view is long time bullish.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
