Shivam Autotech Share Price

Shivam Autotech Investment Rating

• Master Rating:

• Shivam Autotech has an operating revenue of Rs. 474.10 Cr. on a trailing 12-month basis. An annual revenue de-growth of -4% needs improvement, Pre-tax margin of -3% needs improvement, ROE of -11% is poor and needs improvement. The company has a high debt to equity of 127%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 27% and 52% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 38% 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 39 which is a POOR score indicating inconsistency in earnings, a RS Rating of 91 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 56 indicates it belongs to a fair industry group of Auto/Truck-Original Eqp 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 is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.