Garg Furnace Adjusts Evaluation Score Amid Mixed Technical Trends and Stakeholder Concerns
Garg Furnace, a microcap in the Iron & Steel Products sector, has seen a recent adjustment in its evaluation score, reflecting mixed technical trends. Despite a significant decline in stock performance over the past year, the company reported strong financial results, including a notable increase in PAT and record net sales.
Garg Furnace, a microcap player in the Iron & Steel Products industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a bearish outlook to a mildly bearish stance. The technical indicators present a mixed picture, with the MACD showing mildly bullish signals on a weekly basis, while the monthly perspective leans towards a mildly bearish trend. The stock's performance over various periods reveals notable discrepancies when compared to the broader market. For instance, Garg Furnace has reported a significant decline of -42.55% over the past year, contrasting sharply with the BSE500's modest gain of 1.43%. Despite this underperformance, the company has demonstrated a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.11 times.
In terms of recent financial results, Garg Furnace reported a PAT of Rs 3.28 crore for Q4 FY24-25, marking an impressive growth of 82.7% compared to the previous four-quarter average. Additionally, net sales reached a record high of Rs 74.16 crore. However, a reduction in promoter confidence, with a 3.44% decrease in their stake, raises questions about future prospects.
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
