C.E. Info Systems Sees Shift to Bullish Outlook Amid Strong Financial Performance
C.E. Info Systems has recently adjusted its evaluation score, reflecting a change in its technical trend. The company reported record net sales of Rs 143.55 crore and a 46.5% increase in profit before tax. Strong management efficiency is highlighted by a 19.57% return on equity and zero debt.
C.E. Info Systems, a midcap player in the software products industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical trend, moving from a mildly bearish stance to a mildly bullish outlook. Key financial metrics indicate a robust performance in the latest quarter, with net sales reaching a record high of Rs 143.55 crore and a significant growth in profit before tax (PBT) of 46.5% compared to the previous four-quarter average. The company has demonstrated strong management efficiency, evidenced by a high return on equity (ROE) of 19.57% and a low debt-to-equity ratio, which stands at zero.
Despite a challenging year where the stock has underperformed the broader market, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 32.21%. Additionally, institutional investors have increased their stake in C.E. Info Systems, now holding 13.34% of the company, indicating a growing confidence in its fundamentals.
For more insights on C.E. Info Systems 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.
{{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
