Shri Bajrang Alliance Faces Mixed Technical Signals Amid Financial Challenges
Shri Bajrang Alliance, in the Iron & Steel Products sector, has experienced a recent evaluation adjustment reflecting changes in its technical indicators. While some metrics show a shift towards a bullish outlook, the company continues to face significant challenges in financial performance, including declining net sales and constrained debt servicing capabilities.
Shri Bajrang Alliance, operating in the Iron & Steel Products industry, has recently undergone an evaluation adjustment that reflects notable shifts in its technical indicators. The stock's technical trend has transitioned from a mildly bearish stance to a mildly bullish outlook, indicating a change in market sentiment.Key technical metrics present a mixed picture. The Moving Average on a daily basis shows bullish tendencies, while the MACD indicates a bullish signal on a weekly basis but remains bearish on a monthly scale. The Bollinger Bands also reflect a mildly bullish trend weekly, contrasting with a bearish monthly outlook. The KST aligns with the weekly bullish sentiment, although it shows bearish tendencies monthly.
Despite these technical adjustments, the company has faced challenges in its financial performance. Over the past year, Shri Bajrang Alliance has reported a significant decline in net sales, alongside a negative trajectory in operating profits. The company's ability to service its debt appears constrained, as evidenced by a low EBIT to Interest ratio.
Overall, the recent evaluation adjustment highlights the complexities surrounding Shri Bajrang Alliance's market position and financial health.
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
