Balurghat Technologies Faces Mixed Technical Trends Amid Declining Profitability and High Debt
Balurghat Technologies, a microcap in transport services, has recently seen a change in its evaluation score, indicating a shift in technical trends. The company's mixed technical indicators and declining profitability, alongside a high debt-to-EBITDA ratio, highlight ongoing challenges in its market position and financial health.
Balurghat Technologies, a microcap player in the transport services industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a bearish outlook to a mildly bearish stance. The company's technical indicators present a mixed picture. The MACD shows a mildly bullish trend on a weekly basis, while the monthly perspective leans towards a mildly bearish outlook. The Bollinger Bands indicate bullish conditions weekly, contrasting with a mildly bearish trend monthly. Additionally, moving averages suggest a mildly bearish sentiment, while the KST and Dow Theory present a bearish and mildly bullish view, respectively.
In terms of performance metrics, Balurghat Technologies has experienced a notable decline in profitability, with a return on equity averaging 8.88%. The company has reported operating losses and a high debt-to-EBITDA ratio of 4.72 times, indicating challenges in servicing its debt. Over the past year, the stock has underperformed the market significantly, with a return of -25.62%, compared to the BSE500's decline of -2.87%.
Overall, the recent evaluation adjustment reflects the complexities surrounding Balurghat Technologies' market position and financial health.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
