Sturdy Industries reports standalone net loss of Rs 2.86 crore in the September 2021 quarter

Sturdy Industries reports standalone net loss of Rs 1.66 crore in the June 2021 quarter

Sturdy Industries reports standalone net loss of Rs 3.62 crore in the March 2021 quarter

BRIEF-Sturdy Industries Names Ashok Kumar As CFO

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

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

Sturdy Industries is engaged in manufacturing and supplying aluminum alloy conductors, drip irrigation systems, high density polyethylene and polyvinyl chloride (PVC) pipes.