Diligent Industries Share Price

Diligent Industries Investment Rating

• Master Rating:

• Diligent Industries has an operating revenue of Rs. 101.65 Cr. on a trailing 12-month basis. An annual revenue growth of 44% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 9% is fair but needs improvement. The company has a high debt to equity of 136%, which can be a reason to worry. The stock from a technical standpoint is trading below to its 50DMA and around 10% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 46 which is a POOR score indicating inconsistency in earnings, a RS Rating of 94 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 41 indicates it belongs to a fair industry group of Food-Misc Preparation and a Master Score of D is close to being the worst. Overall, the stock has some relative strength and buyer demand but we want to see further fundamental performance to qualify as a growth stock.