Banswara Syntex Share Price

Banswara Syntex Investment Rating

• Master Rating:

• Banswara Syntex has an operating revenue of Rs. 1,333.01 Cr. on a trailing 12-month basis. An annual revenue growth of 50% is outstanding, Pre-tax margin of 6% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 27%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 10% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 22% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 98 which is a GREAT score indicating consistency in earnings, a RS Rating of 66 which is FAIR indicating the recent price performance, Buyer Demand at C which is evident from recent supply seen, Group Rank of 116 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.