Technical view by Nooresh

Navneet Education – Available at lower end of a 2 year channel.

Another interesting midcap company – Navneet Education which has a very good brand image in the education segment. Decent on numbers but no price movement at all. Been a disappointing stock for a couple of years now.


Navneet Education


Market Cap: Rs. 1292.24 Crores

Current Price: Rs. 54.25

Book Value: Rs. 21.56

Stock P/E: 11.72

Dividend Yield: 3.32%

Stock is Rs. 2.00 paid up

Listed on BSE & NSE

Company website

52 Week High/Low: Rs. 70.70 / Rs. 50.00


But worth having a relook at in coming months.


The technical chart is as below. The last two years stock has generally bottomed around 48-52 zones. Will it again do the jump to 70 ?

Not taking a call but a good company to look into.




Thanks and Regards,

Nooresh Merani

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Article by Nooresh Merani

Nooresh has written 2532 articles.

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{ 1 comment… add one }
  • R Gururaj October 30, 2013, 07:40

    Same way Eros International is a good medium term pick. The stock reaches every year its peak inDecember and climbs down.


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