Jagjanani Textiles standalone net profit declines 99.61% in the March 2021 quarter

BRIEF-India’s Jagjanani Textiles Says Names Manish Kumar Jain As CFO

Jagjanani Textiles reports standalone net loss of Rs 0.02 crore in the December 2020 quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not 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

Jagjanani Textiles Limited is an India-based company engaged in the manufacture of cotton and blended fabrics. The Company is engaged in textile business. 