India Glycols downgraded to sell amid financial concerns
pre-market1 source ↓written by the desknot a recommendation
- in profit
- 25.09% growth
- after tax
- ₹1,332.5 cr
- is modest
- 9.08%
India Glycols has been downgraded to sell due to valuation and financial concerns. Despite a 25.09% growth in profit after tax to ₹1,332.5 cr, the company faces high leverage with a Debt to EBITDA ratio of 3.56. Additionally, the Return on Equity is modest at 9.08%, raising questions about profitability.
Not investment advice. For informational purposes only.