TARC Ltd Adjusts Evaluation Score Amidst Strong Sales and Ongoing Financial Challenges

TARC Ltd, a small-cap player in the real estate sector, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical trends associated with the stock, moving from a sideways pattern to a mildly bullish stance.
In terms of key financial metrics, TARC has reported a notable performance in its latest quarter, achieving its highest net sales of Rs 75.89 crore and a peak profit after tax of Rs 54.23 crore. The earnings per share also reached a high of Rs 1.84, marking a positive turnaround after a series of challenging quarters.

Despite these recent achievements, the company faces significant hurdles, including operating losses and a high debt-to-EBITDA ratio of -1.00 times, which indicates a low capacity to service its debt. Additionally, TARC's return on equity stands at a modest average of 0.38%, suggesting limited profitability relative to shareholders' funds.

Over the past year, TARC's stock has underperformed the broader market, with a return of -23.64%, contrasting sharply with the BSE500's decline of -1.96%. This performance underscores the challenges the company continues to navigate within the competitive real estate landscape.

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