MarketsMojo has given Sanrhea Technical Textile a “Sell” recommendation as of December 23, 2024, after the company’s September 2024 earnings were flat. The business has a low debtor turnover ratio of 4.73 times and operational cash flow of Rs 1.30 crore. It has a low PEG ratio of 0.2 and a ROCE of 25.3 in spite of difficulties.
The stock rating of Sanrhea Technical Textile, a microcap firm in the textile sector, was recently downgraded. As of December 23, 2024, MarketsMOJO has rated the stock as a “Sell,” citing September 2024 earnings that were flat. The debtors turnover ratio for the half-year is at a low 4.73 times, and the company’s operational cash flow has dropped to its lowest level at Rs 1.30 crore.
The stock is still technically in a modestly bullish range despite these difficulties, as indicated by a number of positive indicators, including MACD, KST, and OBV. With an enterprise value to capital employed ratio of 2.8 and a return on capital employed (ROCE) of 25.3, the firm is valued attractively. Sanrhea Technical Textile has had an increase in earnings of 84.9% and a return of 46.75% during the last 12 months. The company’s PEG ratio is notably low at 0.2.
The firm has produced returns over the previous three years, exceeding the BSE 500 in each of the last three yearly periods, and promoters own the majority of the company’s shares.