NMDC - Cheap Valuation, Good Fundamentals, Near Retest Levels
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Fundamentals: + Almost Debt Free Company + Highest Quarterly Sales and Quarterly profit + Highest Yearly Sales and Yearly profit + Cash from Operations 2100 Cr in'20 to 7200 CR in'21 + ROCE increased from 23% in '20 to 30% in '21 + Debtor days decreased from 69 to 51
Technical: + 10 years Price Range Breakout + Price near Breakout Retest levels in M Chart + Price Higher High - Higher Low on W Chart + Increasing Volumes since last few months