Schaeffler India downgraded to sell amid valuation concerns
after close1 source ↓written by the desknot a recommendation
Schaeffler India has been downgraded to sell due to concerns over its high valuation despite strong fundamentals. The stock trades at a price-to-book ratio of 10, significantly above peers. The company reported net sales of ₹2,724.20 cr and PBDIT of ₹484.12 cr, showcasing operational strength but raising red flags for investors. 📉
Key Points:
• ROE at 18.47%
• ROCE at 25.69%
• Low debt-to-equity ratio averaging zero
The downgrade reflects a cautious outlook amid market volatility.
Not investment advice. For informational purposes only.