Orient Cement Experiences Revision in Stock Evaluation Amid Mixed Financial Indicators

Dec 31 2024 06:39 PM IST
share
Share Via
Orient Cement has recently undergone a revision in its score by MarketsMojo, reflecting changes in its financial outlook. The company's strong debt servicing capability, indicated by a favorable Debt to EBITDA ratio, supports its market position. Despite a notable annual return, challenges persist, including a significant drop in quarterly profits and declining operating margins. The stock has been added to MarketsMojo's list, highlighting its potential amidst current market dynamics.
Orient Cement has recently experienced a revision in its stock evaluation, as noted by MarketsMOJO. The company, which operates in the cement industry and is classified as a midcap, has demonstrated a strong capacity to manage its debt, evidenced by a low Debt to EBITDA ratio. This financial stability is complemented by a bullish technical trend, with indicators such as MACD and Bollinger Bands reflecting positive momentum.

Institutional investors hold a significant stake in Orient Cement, with holdings at 23.55%. This level of institutional investment often suggests a robust analysis of the company's fundamentals, which can provide a layer of confidence in its market position.

Despite its recent market-beating performance, generating notable returns over the past year and outperforming the BSE 500 index in various time frames, the company faces challenges. Long-term growth has been hindered, with operating profit showing a slight decline over the past five years. Additionally, recent financial results indicate a sharp drop in profit after tax and a decrease in cash reserves.

In light of these factors, Orient Cement has been added to MarketsMOJO's list, reflecting a nuanced view of its current market standing.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News