India Glycols downgraded to sell amid financial concerns
after close1 source ↓written by the desknot a recommendation
- over five years
- 7.92% CAGR
India Glycols has been downgraded to sell due to valuation and financial concerns. Despite a PAT of ₹1,383.1 cr and a ROCE of 11.46%, the company's high Debt to EBITDA ratio of 3.21 raises leverage risks. Net sales growth has been modest at 7.92% CAGR over five years, indicating potential long-term challenges.
Not investment advice. For informational purposes only.