Alicon Castalloy Sees Revision in Stock Evaluation Amid Market Dynamics Alicon Castalloy, a small-cap player in the auto ancillary industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. This adjustment reflects a shift in the company's financial health and market position, particularly concerning its ability to manage debt. The company's Debt to EBITDA ratio stands at 2.84 times, indicating challenges in servicing its obligations. Despite reporting positive results for the last four consecutive quarters, Alicon Castalloy has shown modest long-term growth, with net sales increasing at an annual rate of 9.12% and operating profit at 7.55% over the past five years. Additionally, the company's return on equity averages 8.26%, suggesting limited profitability relative to shareholders' funds. The technical outlook for the stock has also shifted, moving from a mildly bullish to a mildly bearish range, with recent returns reflecting this trend. Notably, promoter confidence appears to be waning, as there has been a decrease in their stake by 1.02% in the last quarter. In light of these developments, Alicon Castalloy has been added to MarketsMOJO's list, indicating a need for investors to closely monitor its performance and market dynamics.

Alicon Castalloy, a small-cap player in the auto ancillary industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects a shift in the company's financial health and market position, particularly concerning its ability to manage debt. The company's Debt to EBITDA ratio stands at 2.84 times, indicating challenges in servicing its obligations.
Despite reporting positive results for the last four consecutive quarters, Alicon Castalloy has shown modest long-term growth, with net sales increasing at an annual rate of 9.12% and operating profit at 7.55% over the past five years. Additionally, the company's return on equity averages 8.26%, suggesting limited profitability relative to shareholders' funds.

The technical outlook for the stock has also shifted, moving from a mildly bullish to a mildly bearish range, with recent returns reflecting this trend. Notably, promoter confidence appears to be waning, as there has been a decrease in their stake by 1.02% in the last quarter.

In light of these developments, Alicon Castalloy has been added to MarketsMOJO's list, indicating a need for investors to closely monitor its performance and market dynamics.