Tasty Bite Eatables Faces Mixed Financial Signals Amid Sales Growth and Profit Decline
Tasty Bite Eatables has recently adjusted its evaluation score, reflecting a change in its technical outlook. The company reported a significant increase in net sales, but its operating profit has declined over the past five years. The stock's performance has been mixed, with profits falling in the last year.
Tasty Bite Eatables, a small-cap player in the FMCG sector, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical landscape, moving from a sideways trend to a mildly bearish outlook. The stock's current price stands at 10,929.00, down from a previous close of 11,082.35. Over the past year, Tasty Bite has experienced a return of 3.31%, while the Sensex has returned 5.31% in the same period. Notably, the company has reported a significant increase in net sales, reaching Rs 312.42 crore, which marks a growth of 29.31% over the latest six months. However, the operating profit has shown a decline at an annual rate of -4.61% over the last five years, indicating challenges in long-term growth.
Despite a low debt-to-equity ratio of 0.23 times, the stock's performance has been mixed, with profits falling by -38.3% in the past year. The technical indicators present a complex picture, with varying signals across different time frames.
For more insights on Tasty Bite Eatables and its financial trends, you can 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
