Shri Krishna Devcon Faces Market Sentiment Shift Amid Mixed Financial Performance
Shri Krishna Devcon, a microcap realty firm, has experienced a shift in its technical indicators, reflecting changing market sentiment. Key metrics show a bearish trend, despite a positive quarterly financial performance. The company faces challenges with low Return on Capital Employed and a high Debt to EBITDA ratio.
Shri Krishna Devcon, a microcap player in the realty sector, has recently undergone an evaluation adjustment that reflects a shift in its underlying technical trends. The stock's technical indicators have transitioned from a mildly bullish stance to a mildly bearish outlook, suggesting a change in market sentiment. Key metrics such as the Moving Average Convergence Divergence (MACD) and the KST have both indicated a mildly bearish trend on a weekly and monthly basis. Additionally, the Bollinger Bands show a bearish signal for the weekly period, while the monthly trend remains sideways. The stock's performance over various time frames has been mixed, with a notable decline in returns over the past year, contrasting with a positive trajectory in profits.
Despite a positive financial performance in the latest quarter, the company faces challenges with a relatively low Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio. These factors contribute to a complex evaluation landscape for Shri Krishna Devcon, as it navigates its market position amidst fluctuating technical indicators.
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
