Hisar Metal Industries Faces Evaluation Adjustment Amid Declining Stock Performance and Debt Concerns

Hisar Metal Industries has recently undergone an adjustment in evaluation, reflecting a revision in its score. This change is primarily attributed to shifts in the company's quality grade, which has transitioned from average to below average.
Key financial metrics reveal a sales growth of 12.45% over the past five years, alongside an EBIT growth of 10.77%. However, the company's ability to service its debt is indicated by a Debt to EBITDA ratio of 3.89, suggesting challenges in managing financial obligations. The net debt to equity ratio stands at 1.12, while the average return on capital employed (ROCE) is reported at 14.19%.

In terms of market performance, Hisar Metal Industries has experienced a decline in stock returns year-to-date, with a decrease of 16.83%, contrasting with a positive return of 8.11% for the Sensex during the same period. The stock's current price is 178.40, down from a previous close of 182.55, with a 52-week high of 246.00 and a low of 159.50.

Overall, the recent evaluation adjustment reflects underlying trends that may impact the company's market position and operational dynamics.

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