Capacite Infraprojects Faces Mixed Technical Trends Amid Declining Financial Performance

Capacite Infraprojects, a small-cap player in the construction industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a mildly bearish stance to a more bearish outlook.
The company's technical indicators present a mixed picture. The MACD shows bearish signals on a weekly basis, while the monthly trend is mildly bearish. Bollinger Bands also indicate bearish conditions for both weekly and monthly assessments. The moving averages are bearish on a daily basis, suggesting a consistent downward trend in short-term performance.

In terms of financial metrics, Capacite Infraprojects has reported a decline in key performance indicators. The company's profit before tax (PBT) has decreased by 13.98%, while the profit after tax (PAT) has fallen by 14.5%. Additionally, the debtors turnover ratio stands at a low of 2.18 times, indicating potential challenges in managing receivables.

Despite these challenges, the company maintains a strong ability to service its debt, evidenced by a low debt to EBITDA ratio of 0.70 times. Furthermore, the operating profit has shown healthy long-term growth, with an annual increase of 36.70%.

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