Patanjali Foods Share Price

Patanjali Foods Investment Rating

• Master Rating:

• Patanjali Foods has an operating revenue of Rs. 26,150.19 Cr. on a trailing 12-month basis. An annual revenue growth of 48% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 13% is good. The company has a reasonable debt to equity of 44%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 16% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 24 which is a POOR score indicating inconsistency in earnings, a RS Rating of 66 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 40 indicates it belongs to a strong industry group of Food-Misc Preparation and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.