Advance Syntex

Is Advance Syntex overvalued or undervalued?

As of November 12, 2024, Advance Syntex is rated as "risky" due to significant overvaluation indicated by a negative PE ratio of -1.88 and poor financial performance compared to peers, including a one-year stock return of -35.5% versus the Sensex's 7.59%.

As of 12 November 2024, Advance Syntex has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial metrics, which reveal significant challenges. Key ratios include a PE ratio of -1.88, an EV to EBITDA of -15.90, and a ROE of -23.91%. <BR><BR>In comparison to its peers, Advance Syntex stands out negatively, especially when juxtaposed with Solar Industries India Ltd., which has a PE ratio of 123.77 and an EV to EBITDA of 76.22, indicating a stark contrast in valuation and performance. Other peers like Godrej Industries Ltd. also demonstrate stronger fundamentals with a PE of 46.63 and an EV to EBITDA of 34.36. The company's recent stock performance has been poor, with a one-year return of -35.5%, significantly lagging behind the Sensex's 7.59% return over the same period, reinforcing the notion of overvaluation.

What is the technical trend for Advance Syntex?

As of May 27, 2025, Advance Syntex shows a mildly bearish trend, supported by bearish MACD and moving averages on both weekly and monthly charts, despite a mildly bullish KST on the weekly timeframe.

As of 27 May 2025, the technical trend for Advance Syntex has changed from bearish to mildly bearish. The weekly MACD remains bearish, and the monthly MACD is also bearish, indicating persistent downward momentum. The Bollinger Bands show a mildly bearish stance on the weekly chart and bearish on the monthly chart, reinforcing the negative outlook. Daily moving averages are bearish, suggesting short-term weakness. The KST indicates a mildly bullish trend on the weekly timeframe, but this is overshadowed by the bearish signals from the monthly indicators. Dow Theory supports a mildly bearish view on both weekly and monthly timeframes. Overall, the current technical stance is mildly bearish, with key indicators such as MACD and moving averages driving this assessment.

Who are in the management team of Advance Syntex?

As of March 2022, the management team of Advance Syntex includes Bhavan Dhirendra Vora (Managing Director), Darshana Devang Vora (Whole-time Director), Praful Ramanlal Pandya (Director), and several Independent Directors: Nandishkumar Vinodray Gandhi, Himesh Occhhavlal Shah, Ashish Govindlal Shukla, and Ronojoy Basu, along with Jyoti Agarwal as Company Secretary & Compliance Officer.

As of March 2022, the management team of Advance Syntex includes the following individuals:<BR><BR>1. Bhavan Dhirendra Vora - Managing Director<BR>2. Darshana Devang Vora - Whole-time Director<BR>3. Praful Ramanlal Pandya - Director<BR>4. Nandishkumar Vinodray Gandhi - Independent Director<BR>5. Himesh Occhhavlal Shah - Independent Director<BR>6. Ashish Govindlal Shukla - Independent Director<BR>7. Ronojoy Basu - Independent Director<BR>8. Jyoti Agarwal - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and governance of the company.

What does Advance Syntex do?

Advance Syntex Ltd is a micro-cap company in the packaging industry, reporting net sales of 2 Cr and a net loss of 4 Cr for December 2023, with a market cap of INR 6 Cr. The company has a high debt-equity ratio of 3.09 and a negative return on equity of -23.91%.

Overview:<BR>Advance Syntex Ltd operates in the packaging industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Advance Syntex Limited was originally incorporated in Gujarat as 'Advance Syntex Private Limited' under the provisions of the Companies Act 1956. The latest quarterly results reported net sales and net profit for December 2023.<BR><BR>Financial Snapshot:<BR>Net Sales: 2 Cr (Quarterly Results - Dec 2023) <BR>Net Profit: -4 Cr (Quarterly Results - Dec 2023) <BR>Market Cap: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 24 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 3.09 <BR>Return on Equity: -23.91% <BR>Price to Book: 0.47 <BR><BR>Contact Details:<BR>Address: 233/2 & 238/2 GIDC, POR Ramangamdi Vadodara Gujarat : 391243 <BR>Tel: 91-265-2831850 <BR>Email: info@midasglitter.com <BR>Website: http://www.midasglitter.com

Who are the top shareholders of the Advance Syntex?

The top shareholders of Advance Syntex include Bhavan Dhirendra Vora with 33.98%, and public shareholder Nikhil Kishorchandra Vora with 8.44%. Individual investors hold 38.46% of the shares, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Advance Syntex include the promoters, with Bhavan Dhirendra Vora holding the largest share at 33.98%. Additionally, the highest public shareholder is Nikhil Kishorchandra Vora, who owns 8.44%. Individual investors collectively hold 38.46% of the company's shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

When is the next results date for Advance Syntex?

Advance Syntex will declare its results on 14 November 2025.

Advance Syntex will declare its results on 14 November 2025.

Should I buy, sell or hold Advance Syntex Ltd?

Which are the latest news on Advance Syntex?

Why is Advance Syntex Ltd falling/rising?

As of 17-Mar, Advance Syntex Ltd's stock price is stable at Rs. 5.73, with a recent upward trend of 21.14% over the past month. However, concerns about operating losses, high debt levels, and declining sales indicate potential long-term financial challenges.

As of 17-Mar, Advance Syntex Ltd's stock price is currently stable at Rs. 5.73, showing no change (0.00%). However, the stock has demonstrated a notable upward trend over various periods, with a 4.95% increase over the past week and a significant 21.14% rise over the past month. Year-to-date, the stock has appreciated by 26.21%, contrasting sharply with the Sensex, which has declined by 10.74% during the same timeframe.<BR><BR>Despite this positive momentum, there are underlying concerns that may affect the stock's long-term performance. The company is facing operating losses and has a high Debt to EBITDA ratio of 12.45 times, indicating a low ability to service its debt. Additionally, the average Return on Equity is only 6.33%, reflecting low profitability per unit of shareholders' funds. The company's net sales for the first nine months have decreased by 22.32%, and profits have fallen by 51% over the past year, which raises concerns about its financial health.<BR><BR>Today's performance highlights that the stock has reached a new 52-week high and has outperformed its sector by 5.76%. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 283.07% against the 5-day average. However, the stock has also exhibited erratic trading patterns, not trading on four days out of the last twenty, which may contribute to its perceived volatility.<BR><BR>In summary, while Advance Syntex Ltd's stock price has shown recent gains and positive investor interest, the company's fundamental weaknesses and financial challenges suggest a cautious outlook moving forward.

Why is Advance Syntex Ltd falling/rising?

As of 18-Mar, Advance Syntex Ltd's stock price is stable at Rs. 5.73, with notable short-term gains despite underlying financial challenges, including operating losses and a high Debt to EBITDA ratio. The stock's recent performance contrasts sharply with broader market declines, but concerns about profitability and declining sales persist.

As of 18-Mar, Advance Syntex Ltd's stock price is currently stable at Rs. 5.73, showing no change (0.00%). Despite this stability, the stock has demonstrated a notable upward trend over various periods, with a 1-week increase of 4.95%, a 1-month increase of 21.14%, and a year-to-date increase of 26.21%. This performance significantly outpaces the Sensex, which has seen declines of 0.21%, 8.40%, and 9.99% over the same periods, respectively.<BR><BR>The stock has reached a new 52-week high today, indicating positive momentum. Additionally, it has outperformed its sector by 5.76% today, which suggests that investor interest is growing. The rising investor participation is evidenced by a significant increase in delivery volume, which rose by 283.07% against the 5-day average. <BR><BR>However, despite these positive indicators, the company faces substantial challenges that could impact its long-term performance. It has reported operating losses and a high Debt to EBITDA ratio of 12.45 times, indicating a weak ability to service its debt. Furthermore, the company has generated a low average Return on Equity of 6.33%, reflecting low profitability. The net sales for the first nine months have also declined by 22.32%, and the stock has seen a profit decrease of 51% over the past year, which raises concerns about its financial health.<BR><BR>In summary, while Advance Syntex Ltd's stock is currently stable and has shown strong short-term performance, underlying financial issues and operational losses present significant risks that could affect its future trajectory.

Why is Advance Syntex Ltd falling/rising?

As of 19-Mar, the stock price of Advance Syntex Ltd is Rs. 5.73, unchanged from the previous session, but it has risen 4.95% over the past week and 21.14% over the past month. The stock has outperformed its sector and reached a new 52-week high, indicating strong investor interest despite some erratic trading.

As of 19-Mar, the stock price of Advance Syntex Ltd is currently at Rs. 5.73, showing no change from the previous trading session. However, the stock has experienced a notable rise in recent periods, with a 4.95% increase over the past week and a significant 21.14% increase over the past month. Year-to-date, the stock has risen by 26.21%, contrasting sharply with the Sensex, which has declined by 12.92% during the same timeframe.<BR><BR>Today, the stock reached a new 52-week high of Rs. 5.73, indicating positive momentum. Additionally, it has outperformed its sector by 5.76%, suggesting strong relative performance. The rising investor participation is also noteworthy, with a delivery volume increase of 283.07% on 09 March compared to the 5-day average, indicating growing interest among investors.<BR><BR>Despite some erratic trading, where the stock did not trade on 4 out of the last 20 days, it is currently trading above its 5-day and 20-day moving averages, which is a positive sign, although it remains below its longer-term moving averages (50-day, 100-day, and 200-day). The liquidity of the stock is adequate for trading, further supporting its current price stability.<BR><BR>In summary, the combination of recent price increases, strong performance relative to the sector, and rising investor interest are contributing factors to the stock's upward movement, despite the lack of trading on certain days and its position relative to longer-term moving averages.

Why is Advance Syntex Ltd falling/rising?

As of 20-Mar, Advance Syntex Ltd's stock price is stable at Rs. 5.73, with a recent upward trend of 4.95% over the past week and 21.14% over the past month. However, the company faces significant financial challenges, including a negative book value and declining net sales, which contribute to a perception of risk despite the stock's recent performance.

As of 20-Mar, Advance Syntex Ltd's stock price is currently stable at Rs. 5.73, showing no change (0.00%). Despite this stability in the current price, the stock has demonstrated a significant upward trend over the past week, with a rise of 4.95%, and an impressive increase of 21.14% over the past month. Year-to-date, the stock has gained 26.21%, contrasting sharply with the Sensex, which has declined by 12.54% during the same period.<BR><BR>The stock has reached a new 52-week high today, indicating positive momentum. Additionally, it has outperformed its sector by 5.76%, suggesting strong relative performance. There has also been a notable increase in investor participation, with delivery volume rising by 283.07% compared to the 5-day average, which reflects growing interest among investors.<BR><BR>However, it is important to note that the company faces significant challenges. It has a negative book value and a high Debt to EBITDA ratio of 12.45 times, indicating a weak long-term fundamental strength and low ability to service debt. The company has reported a decline in net sales, with a drop of 22.32% over the last nine months, and its profits have fallen by 51% over the past year. These factors contribute to a perception of risk associated with the stock, which is trading at levels that are considered risky compared to its historical valuations.<BR><BR>In summary, while Advance Syntex Ltd's stock price is currently stable, the recent upward trends in performance metrics and investor interest contrast with the underlying financial challenges the company faces.

Why is Advance Syntex Ltd falling/rising?

As of 23-Mar, Advance Syntex Ltd's stock price is rising to Rs. 6.01, reflecting a 4.89% increase, significantly outperforming the Sensex. The stock has gained 32.38% year-to-date, supported by strong investor interest and a notable increase in delivery volume.

As of 23-Mar, Advance Syntex Ltd's stock price is rising, currently at Rs. 6.01, reflecting a change of 0.28 or 4.89% increase. This upward movement is supported by several factors. Over the past week, the stock has increased by 4.89%, significantly outperforming the Sensex, which has declined by 3.72%. Additionally, the stock has shown impressive performance over the past month with a rise of 21.17%, while the Sensex has fallen by 12.72%. Year-to-date, Advance Syntex Ltd has gained 32.38%, contrasting with the Sensex's drop of 14.70%.<BR><BR>Today, the stock reached a new 52-week high of Rs. 6.01 and has outperformed its sector by 8.63%. There has also been a notable increase in investor participation, with delivery volume rising by 255.66% compared to the 5-day average. Although the stock has experienced erratic trading, not trading on 4 out of the last 20 days, its current performance indicates strong investor interest and positive momentum. Overall, these factors contribute to the rising price of Advance Syntex Ltd.

Why is Advance Syntex Ltd falling/rising?

As of 24-Mar, Advance Syntex Ltd's stock price is stable at Rs. 6.01, with a significant upward trend over various periods, including a 32.38% year-to-date increase. The stock has reached a new 52-week high and shows strong investor interest, outperforming its sector despite overall market challenges.

As of 24-Mar, Advance Syntex Ltd's stock price is currently stable at Rs. 6.01, showing no change (0.00%). However, the stock has demonstrated a significant upward trend over various periods. Over the past week, it has increased by 4.89%, and in the last month, it has risen by 21.17. Year-to-date, the stock has appreciated by 32.38%, indicating strong performance compared to the Sensex, which has declined by 13.09% in the same timeframe.<BR><BR>Today, the stock reached a new 52-week high of Rs. 6.01 and outperformed its sector by 8.63%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 255.66% against the 5-day average, suggesting growing interest among investors. Despite some erratic trading, where the stock did not trade on 4 out of the last 20 days, it remains liquid enough for trading.<BR><BR>In contrast, the chemicals sector has experienced a decline of 3.79%, yet Advance Syntex Ltd has managed to rise, indicating its relative strength in a challenging market environment. The stock's moving averages show it is performing better than the 5-day and 20-day averages, although it is still below the longer-term averages of 50, 100, and 200 days. Overall, the combination of strong recent performance, increased investor interest, and a new 52-week high contributes to the perception of the stock rising, despite its current price stability.

Why is Advance Syntex Ltd falling/rising?

As of 25-Mar, Advance Syntex Ltd's stock price is stable at Rs. 6.01, with a recent upward trend of 4.89% over the past week and 21.17% over the past month. The stock has gained 32.38% year-to-date, significantly outperforming the Sensex, and has reached a new 52-week high, indicating a positive outlook supported by increased investor participation.

As of 25-Mar, Advance Syntex Ltd's stock price is currently stable at Rs. 6.01, showing no change (0.00%). However, the stock has recently experienced a significant upward trend, with a 4.89% increase over the past week and a remarkable 21.17% rise over the past month. Year-to-date, the stock has gained 32.38%, contrasting sharply with the Sensex, which has declined by 11.67% during the same period. <BR><BR>Today, the stock reached a new 52-week high of Rs. 6.01 and outperformed its sector by 8.63%. This performance is supported by a notable increase in investor participation, as evidenced by a 255.66% rise in delivery volume compared to the 5-day average. Despite some erratic trading, with the stock not trading on 4 out of the last 20 days, it remains liquid enough for trading purposes.<BR><BR>In summary, while the current price remains unchanged, the recent upward momentum in the stock's performance over various time frames, combined with increased investor interest, suggests a positive outlook for Advance Syntex Ltd.