Apeejay Surrendra Park Hotels Adjusts Evaluation Amid Mixed Market Indicators and Strong Sales Growth

Apeejay Surrendra Park Hotels has recently undergone an evaluation adjustment, reflecting a revision in its score. This adjustment comes amid a backdrop of mixed technical indicators. The technical trend has shifted from a mildly bearish stance to a sideways movement, suggesting a period of stabilization in market sentiment.
In terms of performance metrics, the company has reported a notable growth in net sales at an annual rate of 35.50%, alongside an impressive operating profit increase of 201.82%. The latest quarterly results indicate a PAT of Rs 26.56 crore, marking a growth of 40.8% compared to the previous four-quarter average. Additionally, the PBT less other income stands at Rs 36.30 crore, reflecting a growth of 28.6% over the same period.

Despite these positive financial indicators, the stock has faced challenges, generating a return of -11.89% over the past year and consistently underperforming against the benchmark indices. The company's low debt-to-equity ratio and the presence of majority shareholders, the promoters, contribute to its financial stability.

For more insights on Apeejay Surrendra Park Hotels and its financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.