Nexus Select Trust Faces Revision in Stock Evaluation Amid Financial Concerns Nexus Select Trust, a prominent player in the construction and real estate sector, has recently experienced a revision in its stock evaluation by MarketsMOJO. This adjustment reflects ongoing concerns regarding the company's management efficiency, highlighted by a notably low Return on Capital Employed (ROCE) of 4.35%. This figure indicates challenges in generating profitability relative to the total capital employed. The company's financial performance has shown signs of strain, with a significant decline in profit after tax for the quarter ending September 2024, which fell by 31.6%. Additionally, the operating cash flow has reached a concerning low of Rs -33.37 crore, while the debt-equity ratio stands at its highest at 0.30 times, raising further questions about financial stability. Despite a high dividend yield of 5.9%, Nexus Select Trust has underperformed the broader market over the past year, generating negative returns of -0.60% compared to the BSE 500's 14.51% gain. The stock has also been added to MarketsMOJO's list, reflecting the ongoing scrutiny of its market position and performance indicators. As the technical trend remains sideways, investors will be closely monitoring any future developments.

Dec 30 2024 07:31 PM IST
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Nexus Select Trust has recently experienced a revision in its score by MarketsMojo, reflecting ongoing challenges in its financial performance. Key metrics, including a low Return on Capital Employed and a significant decline in Profit After Tax, have contributed to this adjustment. Despite a high dividend yield, the stock has underperformed the market and is now added to MarketsMojo's list.
Nexus Select Trust, a prominent player in the construction and real estate sector, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects ongoing concerns regarding the company's management efficiency, highlighted by a notably low Return on Capital Employed (ROCE) of 4.35%. This figure indicates challenges in generating profitability relative to the total capital employed.

The company's financial performance has shown signs of strain, with a significant decline in profit after tax for the quarter ending September 2024, which fell by 31.6%. Additionally, the operating cash flow has reached a concerning low of Rs -33.37 crore, while the debt-equity ratio stands at its highest at 0.30 times, raising further questions about financial stability.

Despite a high dividend yield of 5.9%, Nexus Select Trust has underperformed the broader market over the past year, generating negative returns of -0.60% compared to the BSE 500's 14.51% gain. The stock has also been added to MarketsMOJO's list, reflecting the ongoing scrutiny of its market position and performance indicators. As the technical trend remains sideways, investors will be closely monitoring any future developments.
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