Mid India Industries standalone net profit declines 61.11% in the December 2022 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

Average profitability - not good, not bad

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

Mid India is engaged manufacturing of cotton yarn. The Company's segment is manufacturing of cotton/polyester cotton blended yarn. The Company's products/services are engaged in preparation and spinning of cotton fiber including blended cotton

Mid India Industries Ltd

Mid India Industries Ltd

Scorecard

News & Opinions

Mid India Industries standalone net profit declines 61.11% in the December 2022 quarter