Jayatma Industries Faces Fundamental Challenges Despite Positive Technical Shift
Jayatma Industries, a microcap textile firm, has recently seen a notable adjustment in its technical evaluation, indicating a shift in market trends. However, the company continues to grapple with significant long-term challenges, including declining operating profits and concerns over its debt servicing capabilities, alongside a drop in promoter confidence.
Jayatma Industries, a microcap player in the textile industry, has recently undergone an evaluation adjustment that reflects a shift in its underlying technical trends. The stock's technical indicators have shown a transition from a mildly bearish stance to a mildly bullish outlook. This adjustment is noteworthy as it highlights the evolving market dynamics surrounding the company.Despite the positive technical shift, the company faces challenges in its long-term fundamentals. Over the past five years, Jayatma Industries has experienced a significant decline in operating profits, with a compound annual growth rate (CAGR) of -199.17%. Additionally, the company's ability to service its debt is under scrutiny, as indicated by a high Debt to EBITDA ratio of 11.67 times.
The recent financial performance has also raised concerns, with net sales for the first nine months showing a decline of 39.08%. Furthermore, promoter confidence appears to be waning, as there has been a reduction in their stake in the company.
Overall, while the technical indicators suggest a more favorable short-term outlook, the underlying fundamentals present a complex picture for Jayatma Industries.
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
