Lehar Footwears Share Price

Lehar Footwears Investment Rating

• Master Rating:

• Lehar Footwears has an operating revenue of Rs. 142.85 Cr. on a trailing 12-month basis. An annual revenue de-growth of -6% needs improvement, Pre-tax margin of 3% needs improvement, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 20%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 27% and 26% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 12 which is a POOR score indicating inconsistency in earnings, a RS Rating of 79 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 73 indicates it belongs to a poor industry group of Apparel-Shoes & Rel Mfg and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.