India Glycols downgraded to sell amid financial concerns
pre-market1 source ↓written by the desknot a recommendation
- YoY
- 25.6%
India Glycols has been downgraded to sell due to valuation and financial concerns. The company reported a PAT of ₹1,383.1 cr for the half-year, growing 25.6% YoY, with a ROCE of 11.4%. However, its Debt to EBITDA ratio of 3.21 raises leverage risks, overshadowing operational strengths.
Not investment advice. For informational purposes only.