Bimetal Bearings Reports Significant Profit Growth Amid Market Evaluation Adjustment
Bimetal Bearings has recently experienced a score adjustment following a market evaluation. The company reported a significant profit increase and achieved its highest operating cash flow, reflecting strong operational performance. Despite a challenging year, it maintains a low debt-to-equity ratio and an attractive valuation compared to peers.
Bimetal Bearings has recently undergone an evaluation adjustment, reflecting a shift in its market assessment. This microcap company, operating within the Auto Components & Equipment industry, has demonstrated notable financial metrics that contributed to this revision in its score.In the latest quarter, Bimetal Bearings reported a significant increase in profit before tax, which reached Rs 3.91 crore, marking a growth of 99% compared to the previous four-quarter average. Additionally, the company achieved its highest operating cash flow at Rs 12.29 crore and net sales of Rs 71.66 crore, indicating robust operational performance.
The stock's technical indicators have also shown a transition, with moving averages and Bollinger Bands reflecting a bullish sentiment. Despite a challenging year, where the stock returned -13.41%, it is noteworthy that profits have risen by 11.2%. The company maintains a low debt-to-equity ratio, enhancing its financial stability.
Overall, Bimetal Bearings is positioned with an attractive valuation, trading at a price-to-book value of 1.1, which aligns favorably with its peers.
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
