Indian stock alert

INDIA

CLOSING UPDATE: NTPC hits 52-week high third time in one month 18 October 2017 17:10 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

NTPC, India's largest electric utility company by market capitalisation, hit a 52-week high of Rs180.0 today for the third time in the past one month and last traded at Rs178.05. This brought its two-day rise to Rs2.60 or 1.5%. Trading volume was 1.3 times average at the end of the day. Compared with the BSE SENSEX Index which fell 24.8 points (or 0.08%) in the day, this represented a relative price increase of 1.3%.

Technical indicators complementing today's significant uptrend:

+ The positive 2.46 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the Indian market, the stock's relative price strength percentile is improving at 62 for 6 months, 64 for 3 months and 70 for 1 month.

+ In the last one month the stock has hit a new 52-week high thrice and in the last three months five times, pointing to an uptrend.

+ The price increased 1.8% in the last week and climbed 6.0% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Sales of 1.8 [2.1]

+ Price to Book of 1.5 [1.8]

+ Return on Assets 4.3% [3.9%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

Note

Bearish Signals:

Net profit margin has averaged 13.3% in the last 3 years. This is lower than the sector average of 13.3% and suggests a low margin of safety.

As per the Du Pont analysis, Return on Equity of 10.9% is lower than sector average of 11.7%.

Overbought/Bearish:

The 1.1% discount to 12-month high of Rs180.0 against the 25.8% premium to 12-month low of Rs141.54 suggests the climb might be peaking.

TODAY'S ALERT

Morning Alert: NTPC decreases 0.3%

18 October 2017 10:16 IST

NTPC Limited (NSE:NTPC) traded on volume of 0.3 times average so far today while the price decreased Rs0.60 (or 0.3%) to trade at Rs175.30.

RECENT ALERTS

CLOSING UPDATE: NTPC increases 0.3% on extraordinary volume

17 October 2017 17:10 IST

NTPC, India's largest electric utility company by market capitalisation, traded on heavy volume of 3.5 times average today while the price increased Rs0.45 (or 0.3%) to trade at Rs175.90. Compared with the BSE SENSEX Index which fell 24.5 points (or 0.08%) in the day, this represented a relative price increase of 0.3%.

Morning Alert: NTPC decreases 0.5%

17 October 2017 10:17 IST

NTPC Limited (NSE:NTPC) traded on volume of 0.3 times average so far today while the price decreased Rs0.90 (or 0.5%) to trade at Rs174.55.

NTPC Limited (NSE:NTPC; BSE:NTPC; NS:NTPC; IN:NTPC)

ISIN: INE733E01010

PermID: 4295874173

Source: www.BuySellSignals.com