India Glycols Faces Evaluation Score Adjustment Amid Long-Term Growth Concerns

India Glycols, a midcap player in the commodity chemicals sector, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a bullish stance to a mildly bullish outlook.
The stock's current price stands at 1827.70, down from a previous close of 1915.00, with a 52-week high of 2,139.30 and a low of 974.40. Over the past year, India Glycols has delivered a notable return of 79.46%, significantly outperforming the Sensex, which recorded a return of 1.98% in the same period.

Despite these positive returns, the company faces challenges in its long-term fundamentals. The average Return on Capital Employed (ROCE) is at 8.39%, and net sales have grown at an annual rate of 2.60% over the last five years. Additionally, the company's high Debt to EBITDA ratio of 3.43 times raises concerns about its ability to service debt.

Institutional investor participation has also seen a decline, with a decrease of 1.29% in their stake over the previous quarter. This trend may reflect a cautious approach towards the company's long-term growth prospects.

For more insights, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.