XT Global Infotech Faces Revision in Stock Evaluation Amid Ongoing Challenges XT Global Infotech, a microcap player in the IT software industry, has recently undergone a revision in its stock evaluation by MarketsMOJO. This adjustment highlights the ongoing challenges the company is facing, particularly concerning its long-term growth metrics. Over the past five years, XT Global Infotech has reported a decline in operating profit, with an annual growth rate of -9.88%. The company has struggled with its recent financial performance, declaring negative results for three consecutive quarters. Key indicators such as profit after tax and net sales have shown significant declines, with the latest figures revealing a profit after tax of Rs 4.88 crore, down by 21.16%. Additionally, the return on capital employed (ROCE) has reached a concerning low of 8.21%. Despite its microcap status, domestic mutual funds hold a minimal stake of only 0.01% in XT Global Infotech, suggesting a lack of confidence in the company's current valuation or business model. The stock's technical trend has also shifted to a sideways movement, indicating a lack of clear price momentum. In light of these factors, XT Global Infotech has been added to MarketsMOJO's list, reflecting the ongoing scrutiny of its market position and performance indicators.

Dec 30 2024 07:28 PM IST
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XT Global Infotech has recently experienced a revision in its score by MarketsMojo, reflecting ongoing challenges in its financial performance. The company has reported declining profits and a low return on capital employed, alongside a significant drop in net sales. Additionally, it has been added to MarketsMojo's list, highlighting concerns about its market position.
XT Global Infotech, a microcap player in the IT software industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects ongoing challenges faced by the company, particularly in terms of long-term growth metrics. Over the past five years, XT Global Infotech has reported a decline in operating profit, with an annual growth rate of -9.88%.

The company has also faced difficulties in its recent financial performance, declaring negative results for three consecutive quarters. Key indicators such as profit after tax and net sales have shown significant declines, with the latest figures revealing a PAT of Rs 4.88 crore, down by 21.16%. Additionally, the return on capital employed (ROCE) has reached a concerning low of 8.21%.

Despite its microcap status, domestic mutual funds hold a minimal stake of only 0.01% in XT Global Infotech, suggesting a lack of confidence in the company's current valuation or business model. The stock's technical trend has also shifted to a sideways movement, indicating a lack of clear price momentum. In light of these factors, XT Global Infotech has been added to MarketsMOJO's list, reflecting the ongoing scrutiny of its market position and performance indicators.
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