Share Market Investment: There is a rise in this stock today, expert advised to buy, the stock will become more rocket, know which is the stock…

By News Update On Dec 20, 2024

Share Market Investment: There was a huge fall in the Indian stock market on the trading day of 19th December. The market opened with a heavy fall. Amidst the signs of decline from the global markets, the stock market also started with the red line, due to which the stock market has still not been able to come out of the red circle.

However, later a slight recovery was recorded in the market. It is important to invest money carefully in these fluctuations of the market. If you want to invest money in the market then you can take advice from market experts.

Market experts have selected a strong stock to buy. This stock can be included in short to long term portfolio. Let us tell you that a big fall has been recorded in the market in the morning, after which it is necessary to take expert advice for purchasing.

Market experts have chosen Malcom for purchase. It is currently up +76.65 (5.00%) at 1,610.25. This company manufactures personal protective products. Apart from this, it is a very old company. The rating of the company is also good.

People have become aware about home security, this company has benefited a lot from this. The company is showing continuous growth. The company has many plants. The distribution of the company is also good.

How are the company's fundamentals? (Share Market Investment)

The company has also made some acquisitions recently, after which the growth of this company is going to get even better. The company's shares trade at a PE multiple of 25. The company also presented strong quarterly results. The company has projected a profit of Rs 9 crore in September 2023 and Rs 10 crore in September 2024.

The promoters' stake in the company is around 72-73 percent. Apart from this, domestic and foreign also have stake but not much. The expert said that the share can be bought at this level and this share can be included in the portfolio for short to long term.