Hindprakash Industries Faces Technical Challenges Amidst Modest Financial Performance
Hindprakash Industries, a microcap in the Dyes & Pigments sector, has experienced a recent evaluation adjustment reflecting changes in its technical performance indicators. The stock shows a bearish trend, with various metrics indicating challenges, despite the broader market's positive performance. Financial fundamentals also reveal constraints in debt management.
Hindprakash Industries, a microcap player in the Dyes & Pigments industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape of the stock, indicating a transition in its performance indicators. The technical metrics reveal a bearish trend, with the MACD signaling bearish conditions on a weekly basis. Additionally, the Bollinger Bands and KST metrics also suggest a bearish outlook. The stock's moving averages are aligned with this trend, further emphasizing the current technical stance.
In terms of financial fundamentals, Hindprakash Industries has exhibited a modest return on capital employed (ROCE) of 4.82%, alongside a net sales growth rate of 1.11% over the past five years. The company's ability to manage its debt appears constrained, as indicated by a low EBIT to interest ratio of 1.61.
Despite the broader market's positive performance, Hindprakash Industries has faced challenges, underperforming significantly over the past year. This adjustment in evaluation underscores the complexities surrounding the stock's current market position and technical indicators.
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
