North Eastern Carrying Corporation Ltd, Capital Trust Ltd, Kilitch Drugs (India) Ltd and Gujarat Raffia Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 19 July 2024.

Krebs Biochemicals & Industries Ltd leads gainers in ‘B’ group

Gujarat Raffia Industries standalone net profit rises 122.22% in the September 2021 quarter

Gujarat Raffia Industries standalone net profit rises 28.00% in the June 2021 quarter

Gujarat Raffia Industries reports standalone net profit of Rs 0.57 crore in the March 2021 quarter

Gujarat Raffia Industries standalone net profit rises 12.50% in the September 2020 quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Gujarat Raffia Industries Limited is engaged in the business of manufacturing, selling and producing tarpaulin/ropes, fabrics, sacks, and high density poly ethylene (HDPE)/poly propylene (PP) woven sacks.