Shree Rama Newsprint Share Price

Shree Rama Newsprint Investment Rating

• Master Rating:

• Shree Rama Newsprint has an operating revenue of Rs. 185.54 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of -21% needs improvement, ROE of -26% is poor and needs improvement. The company has a reasonable debt to equity of 35%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 26 which is a POOR score indicating inconsistency in earnings, a RS Rating of 22 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 33 indicates it belongs to a strong industry group of Paper & Paper Products and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.