Jindal Poly Films Upgraded to 'Hold' by MarketsMOJO, But Long-Term Growth Remains a Concern

Jul 18 2024 06:24 PM IST
share
Share Via
Jindal Poly Films, a smallcap company in the plastic products industry, has been upgraded to a 'Hold' by MarketsMojo due to its strong ability to service debt and bullish stock performance. However, the company has had poor long-term growth and is currently trading at a higher risk. Domestic mutual funds hold 0% of the company, indicating potential concerns for investors.
Jindal Poly Films Upgraded to 'Hold' by MarketsMOJO, But Long-Term Growth Remains a Concern
Jindal Poly Films, a smallcap company in the plastic products industry, has recently been upgraded to a 'Hold' by MarketsMOJO. This decision is based on various factors, including the company's strong ability to service debt with a low Debt to EBITDA ratio of 1.33 times. Additionally, the stock is currently in a bullish range and has shown improvement in its technical trend.
However, the company has had poor long-term growth with a low annual growth rate of 1.85% in Net Sales and a negative operating profit of -14.04% over the last 5 years. In the recent quarter, the company's results have been flat and its interest expenses have grown by 76.97%. One of the major concerns for investors is the negative EBITDA of the company, making the stock a risky investment. In fact, the stock is currently trading at a higher risk compared to its average historical valuations. Despite generating a return of 21.73% in the past year, the company's profits have fallen by -86.9%. Another factor to consider is that despite being a smallcap company, domestic mutual funds hold only 0% of the company. This could indicate that either they are not comfortable with the current price or they have not conducted in-depth research on the company. In the last 1 year, Jindal Poly Films has underperformed the market with a return of 21.73%, while the market (BSE 500) has generated a return of 36.87%. This could be a cause for concern for investors. Overall, while the stock has shown some positive indicators, it is important for investors to carefully consider the risks and do their own research before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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