How has been the historical performance of Le Merite Export?
2025-11-13 00:36:36Answer: The historical performance of Le Merite Export shows a fluctuating trend in key financial metrics over the past five years. Breakdown: Le Merite Export's net sales increased from 376.89 Cr in March 2023 to 518.41 Cr in March 2025, reflecting a positive growth trajectory. However, this is a decrease from the peak of 525.90 Cr in March 2022. Total operating income followed a similar pattern, rising to 518.41 Cr in March 2025 from 376.89 Cr in March 2023, but down from 525.90 Cr in March 2022. The company's operating profit (PBDIT) saw a significant drop from 32.06 Cr in March 2022 to 18.85 Cr in March 2025, although it improved from 9.18 Cr in March 2023. Profit before tax also showed a decline from 27.98 Cr in March 2022 to 8.65 Cr in March 2025, while profit after tax decreased from 21.06 Cr in March 2022 to 6.86 Cr in March 2025. The total liabilities increased from 92.08 Cr in March 2021 to 237.7...
Read full news articleIs Le Merite Export technically bullish or bearish?
2025-11-06 08:32:42As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, with a strong emphasis on the daily moving averages indicating bullish momentum. The weekly MACD is also bullish, supporting the overall positive outlook. However, the monthly RSI shows a bearish signal, which introduces some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential. Despite the bullish indicators, the weekly KST is mildly bearish, indicating some underlying weakness. Overall, the strength of the bullish stance is tempered by mixed signals from the RSI and KST....
Read full news articleIs Le Merite Export technically bullish or bearish?
2025-11-05 08:36:08As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, supported by the weekly and monthly MACD readings, both indicating bullish momentum. The daily moving averages also confirm a bullish outlook. However, the monthly RSI is bearish, which introduces some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential. Overall, while there are mixed signals, the prevailing trend is bullish, driven primarily by the MACD and moving averages....
Read full news articleWhy is Le Merite Export falling/rising?
2025-11-05 00:12:54As of 04-Nov, Le Merite Exports Ltd is experiencing a decline in its stock price, currently at 466.80, which reflects a decrease of 13.75 or 2.86%. The stock has underperformed its sector by 1.78% today, and there has been a notable drop in investor participation, with delivery volume falling by 40.24% compared to the 5-day average. Although the stock has shown strong performance over longer periods, with a year-to-date increase of 69.07% and a one-year increase of 111.46%, the recent short-term performance has been negative, with a 1-week decline of 2.66%. In the broader market context, the Sensex has also seen a decline of 1.31% over the past week, indicating that the market is facing some headwinds. However, Le Merite Exports' recent performance is worse than the benchmark, suggesting specific challenges for the company. The stock remains above its longer-term moving averages, which indicates some under...
Read full news articleIs Le Merite Export technically bullish or bearish?
2025-11-04 08:51:33As of 3 November 2025, the technical trend for Le Merite Export has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the daily moving averages also support this outlook. However, the monthly RSI is bearish, suggesting some caution. The KST and Dow Theory present mildly bearish signals on a weekly basis, indicating potential weakness. Overall, while there are bullish indicators, the mixed signals suggest a cautious approach....
Read full news articleCorporate Actions
No Upcoming Board Meetings
Le Merite Exports Ltd has declared 2% dividend, ex-date: 23 Sep 24
No Splits history available
No Bonus history available
No Rights history available






