This aluminium microcap company is ticking all the right boxes!

19 Jan 2023

MAANALU

MAAN ALUMINIUM is a fairly established company mainly dealing in the manufacturing of aluminum products. Exclusive dealer of Aluminium ingots and Billets for Hindalco Industries Ltd. for North and South India. They also deal in scrap trading.

ROE/ ROCE are good at more than ~20%
Promoter holding profile is good with no pledging
Debt to equity ratio and interest coverage are good
YoY quarterly Revenue, net profit and EBITDA showing impressive growth
YoY quarterly EBIDTA and NET margin are also improving

On the charts the price broke out strongly out of a base with heavy volumes and is at an all time high
Relative strength to the benchmark index is also high

Sources: tijori finance, screener.in, tickertape.in

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