Raghuvir Synthetics Faces Technical Shift Amid Strong Financial Performance and Debt Concerns
Raghuvir Synthetics, a microcap in the Garments & Apparels sector, has experienced a recent evaluation adjustment reflecting a shift in its technical outlook. Despite this, the company reported a 24.36% increase in net sales and achieved its highest quarterly PBDIT, although it faces challenges with a high Debt to EBITDA ratio.
Raghuvir Synthetics, a microcap player in the Garments & Apparels industry, has recently undergone an adjustment in its evaluation, reflecting a shift in its technical outlook. The stock's technical indicators have shown a transition from a mildly bearish stance to a more bearish position, as evidenced by the MACD readings on both weekly and monthly charts. Despite the recent evaluation adjustment, Raghuvir Synthetics has reported positive financial performance in the latest quarter, with net sales reaching Rs 172.68 crore, marking a growth of 24.36%. The company has also achieved its highest quarterly PBDIT at Rs 6.40 crore, alongside an operating profit to net sales ratio of 7.74%.
However, the company faces challenges with a high Debt to EBITDA ratio of 4.65 times, indicating a lower capacity to service its debt. Over the past year, the stock has generated a return of -6.55%, underperforming against the BSE500 index. Despite these challenges, Raghuvir Synthetics has consistently declared positive results for the last nine consecutive quarters, showcasing resilience in its operational performance.
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
