Monday, June 5, 2023

3M India Limited - Consistent Performer

 



About Company


3M India Limited is a listed public company incorporated on 04 July, 1987. It is classified as a public limited company and is located in Bangalore., Karnataka. It's authorized share capital is INR 11.27 cr and the total paid-up capital is INR 11.27 cr.


3m India Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2022. It's EBITDA has increased by 60.67 % over the previous year. At the same time, it's book networth has increased by 12.03 %. Other performance and liquidity ratios are available here.


Description: The company engages in the manufacture and trade of various products for industrial, health care, consumer, safety & graphics, and energy markets in India.


Products & Services: 

tapes, abrasives, adhesives, advanced ceramics, sealants, specialty materials, closure systems for personal hygiene products, acoustic system products, and components and products that are used in the manufacture, repair, and maintenance of automotive, marine, aircraft, and specialty vehicles; functional and decorative graphics; masking tapes; abrasion-resistant films; and paint finishing and detailing products.


Source - https://www.3mindia.in/3M/en_IN/company-in/


CMP -       26,660

Year High - 26,897

Year Low  - 19,411


Returns 


One month 12%

3 months 12%

6 months 14%

1 year - 26%


The scrip trading near Year High and above all moving averages indicating extreme bullishness.


Technicals - Moving Averages


20 DMA -  24,174

50 DMA -  23,425

100 DMA - 22,940

200 DMA - 23,080


Date 06 June 2023


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