Is Mercator good share to buy?

Is Mercator good share to buy?

As on 29th Mar 2022 MERCATOR Share Price closed @ 1.90 and we RECOMMEND N/A for LONG-TERM with Stoploss of 0.00 & N/A for SHORT-TERM with Stoploss of 0.00 we also expect STOCK to react on Following IMPORTANT LEVELS.

Will Mercator share go up?

MERCATOR is trading in the lower range of yearly prices. MERCATOR is trading in the upper range of the quarterly prices….Mercator MERCATOR share price targets.

Downside intraday target 1.8
Downside intraday target 1.66
Downside short term target 1.54
Downside mid term target 1.42

Is Mercator a good company?

Is Mercator Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mercator Ltd is a average quality company.

What does Mercator company do?

The Mercator group of companies has diversified business interests in Coal, Oil & Gas, Commodity Transportation, and Dredging. Mercator Limited (formerly Mercator Lines Ltd.) is the parent company and is the second largest private sector shipping company in India, and it is based in Mumbai.

Why Rnaval share is rising?

The shortage of shipbuilding capacity, especially at the Mazagon Dock and Cochin Shipyard, has been cited as another reason for the share price rise of RNEL, which has unused capacities.

Who is the owner of Mercator?

H. K. Mittal
Mercator Limited (formerly Mercator Lines Ltd.) is the parent company and is the second largest private sector shipping company in India, and it is based in Mumbai….Mercator (company)

Type Public
Headquarters Mumbai, Maharashtra , India
Key people H. K. Mittal, Chairman & Atul J. Agarwal, MD
Revenue ₹683.90 crore (US$90 million)

Who buys Rnaval?

A consortium led by Mumbai-based industrialist Nikhil Merchant has won the race to acquire the debt-laden Reliance Naval and Engineering, earlier known as Pipavav Shipyard. Chetan Bhutani gets you the story.

Is Reliance Naval in Nclt?

Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval. The corporate insolvency resolution proceedings (CIRP) of Reliance Naval are underway at National Company Law Tribunal (NCLT), Ahmedabad.

Can I buy Reliance Naval share?

You can easily buy Reliance Naval shares in Groww by creating a demat account and getting the KYC documents verified online.

Who owns Reliance Naval?

Reliance Infrastructure
National Company Law TribunalSKIL Infrastructure
Reliance Naval and Engineering Limited/Parent organizations

Who owns Rnaval?

Reliance Naval and Engineering Limited

Formerly Pipavav Shipyard Limited Pipavav Defence and Offshore Engineering Company Limited Reliance Defence and Engineering Limited
Total assets ₹99.4 billion (US$1.3 billion) (2018)
Number of employees 367 (March 2018)
Parent Reliance Infrastructure
Website www.rnaval.co.in

Why is Reliance Naval going up?

https://www.youtube.com/channel/UCqOqBoFVzD-SErqNit90OUg

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