Ecoboard Industries Faces Evaluation Shift Amid Declining Financial Performance and Mixed Technical Indicators
Ecoboard Industries has recently undergone a change in its evaluation, reflecting shifts in technical indicators. The company has faced challenges, including a decline in net sales and negative profit after tax, raising concerns about its financial health and long-term sustainability, alongside a decrease in promoter holding.
Ecoboard Industries, a microcap player in the plywood boards and laminates industry, has recently experienced an adjustment in its evaluation. This revision reflects a shift in the technical landscape surrounding the stock, with notable changes in various indicators. The technical analysis reveals a transition from bullish to mildly bullish trends in certain metrics, while others indicate a mildly bearish stance. For instance, the Moving Averages show a mildly bullish outlook on a daily basis, whereas the Dow Theory presents a mildly bearish perspective over both weekly and monthly periods. The MACD indicates a bullish trend on a weekly basis but shifts to mildly bearish on a monthly scale.
In terms of performance, Ecoboard Industries has faced challenges, particularly in its financial results for the recent quarter, which have shown a significant decline in net sales and a negative profit after tax. The company has also reported negative EBITDA and a concerning debt-to-equity ratio, raising questions about its long-term sustainability.
Additionally, promoter holding has decreased, now standing at 44.52%, which may reflect broader concerns regarding the company's financial health.
For those interested in further insights, 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
