Thacker & Company Faces Evaluation Shift Amid Declining Sales Growth and High Valuation

Thacker & Company, a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape, moving from a mildly bullish stance to a mildly bearish outlook. The stock's current price stands at 1325.35, down from a previous close of 1438.00. Over the past year, Thacker & Company has delivered a notable return of 72.09%, significantly outperforming the BSE 500 index. However, the company has faced challenges, including a decline in net sales growth at an annual rate of -2.38% over the last five years. Key financial metrics indicate a cash and cash equivalents figure of Rs 0.82 crore, alongside a debtor turnover ratio of 0.00 times, marking a low point for the company. Despite a return on equity (ROE) of 12.7, the stock's valuation appears high, trading at a premium compared to its peers. Overall, the technical indicators suggest a cautious approach as the stock navigates through these evolving trends. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.