Bhagiradha Chemicals & Industries Share Price

Bhagiradha Chemicals & Industries Investment Rating

• Master Rating:

• Bhagiradha Chems.& Inds. has an operating revenue of Rs. 458.93 Cr. on a trailing 12-month basis. An annual revenue growth of 37% is outstanding, Pre-tax margin of 12% is healthy, ROE of 18% is exceptional. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 29% and 41% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 19% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 97 which is a GREAT score indicating consistency in earnings, a RS Rating of 88 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 41 indicates it belongs to a fair industry group of Chemicals-Agricultural and a Master Score of B is close to being the best. Institutional holding has remained stable in the last reported quarter. Overall, the stock has great fundamentals and technical strength to stay in momentum.