Oswal Green Tech Reports Strong Quarterly Growth Amid Ongoing Operating Losses
Oswal Green Tech has recently experienced a revision in its score by MarketsMojo, reflecting concerns over its ongoing operating losses and weak long-term fundamentals. Despite a significant annual profit decline, the company reported strong quarterly results, with notable growth in profit after tax and net sales. Additionally, promoter confidence has strengthened with an increased stake.
Oswal Green Tech, a small-cap player in the finance and non-banking financial company (NBFC) sector, has recently come under scrutiny due to its financial performance metrics. The company has reported operating losses, indicating challenges in maintaining long-term fundamental strength. Over the past year, while the stock has impressively generated a return of 94.28%, its profits have seen a significant decline of 52.8%.Financial indicators reveal a concerning trend, with operating profit decreasing at an annual rate of 3.52%. The company's return on equity (ROE) stands at a modest 0.4, coupled with a price-to-book value of 0.5, suggesting a high valuation relative to its financial performance.
On a more positive note, recent quarterly results show a notable increase in profit after tax (PAT), which rose by 222% to Rs 3.94 crore, alongside a 31.69% growth in net sales, reaching Rs 14.96 crore. Additionally, promoter confidence appears to be rising, as stakeholders have increased their holdings by 4.85%, now owning 69.19% of the company. Despite the mixed signals, the stock remains technically in a mildly bullish range, supported by favorable MACD and KST indicators.
{{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
