Eureka Industries Sees Evaluation Shift Amidst Strong Sales Growth and Financial Challenges
Eureka Industries, a microcap textile firm, has undergone a recent evaluation adjustment reflecting changes in its market stance. The company reported a substantial 432.52% growth in net sales over the last quarter, maintaining positive results for five consecutive quarters, despite facing challenges like negative book value and high debt levels.
Eureka Industries, a microcap player in the textile industry, has recently experienced an adjustment in its evaluation. This revision reflects a shift in the technical landscape surrounding the stock, which has transitioned from a mildly bullish to a bullish stance. Key financial metrics indicate that the company has reported a significant growth in net sales, achieving a remarkable increase of 432.52% in its latest quarter. This performance is underscored by a consistent positive trend, with the company declaring favorable results for five consecutive quarters. The latest six-month figures show net sales at Rs 75.08 crore and a profit after tax of Rs 1.27 crore.
Despite these positive indicators, the company faces challenges, including a negative book value and a high debt-to-EBITDA ratio, which suggest a weaker long-term fundamental strength. Additionally, while the stock has outperformed the BSE 500 index over various time frames, its operating profit has seen a decline over the past five years.
Overall, the adjustment in evaluation for Eureka Industries highlights the complexities of its financial standing and market position.
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
