Haldyn Glass Experiences Valuation Grade Change Amidst Market Performance Challenges

Haldyn Glass, a microcap player in the packaging industry, has recently undergone a valuation adjustment reflecting its financial metrics and market position. The company's current price stands at 90.98, with a previous close of 94.94. Over the past year, Haldyn Glass has experienced a significant decline in stock performance, with a return of -49.27%, contrasting with a 7.36% return from the Sensex during the same period.
Key financial indicators for Haldyn Glass include a PE ratio of 23.65 and an EV to EBITDA ratio of 9.51, which position it favorably within its industry. The company also boasts a dividend yield of 0.77% and a return on capital employed (ROCE) of 9.63%.

In comparison to its peers, Haldyn Glass shows a competitive edge with a lower PE ratio than Saint-Gobain Sekur and Agarwal Toughened, both categorized as very expensive. Meanwhile, companies like Empire Industries, also rated as very attractive, present a lower PE ratio of 17.93, highlighting the diverse valuation landscape within the packaging sector.