Suryalata Spinning Mills Share Price

Suryalata Spinning Mills Investment Rating

• Master Rating:

• Suryalakshmi Cotton Mls. has an operating revenue of Rs. 855.49 Cr. on a trailing 12-month basis. An annual revenue growth of 60% is outstanding, Pre-tax margin of 6% is okay, ROE of 0% is poor and needs improvement. The company has a reasonable debt to equity of 40%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 16 which is a POOR score indicating inconsistency in earnings, a RS Rating of 31 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 116 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.