Empire Industries Faces Mixed Technical Trends Amid Market Evaluation Revision
2025-04-03 08:02:55Empire Industries, a microcap player in the glass industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1048.00, slightly down from the previous close of 1063.55. Over the past year, Empire Industries has shown a return of 11.57%, outperforming the Sensex, which recorded a return of 3.67% in the same period. However, the year-to-date performance indicates a decline of 19.00%, contrasting with the Sensex's modest drop of 1.95%. The technical summary reveals a mixed picture. The MACD indicates bearish momentum on a weekly basis, while the monthly outlook is mildly bearish. The Relative Strength Index (RSI) shows bullish signals weekly, but no significant movement monthly. Bollinger Bands and moving averages also reflect bearish trends, suggesting caution in the short term. In terms of historical performance, Empire Industries has dem...
Read MoreEmpire Industries Shows Mixed Technical Trends Amid Strong Yearly Performance Against Sensex
2025-04-01 08:01:41Empire Industries, a microcap player in the glass industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1068.00, showing a notable increase from the previous close of 1026.00. Over the past year, Empire Industries has demonstrated a stock return of 19.74%, significantly outperforming the Sensex, which recorded a return of 5.11% in the same period. In terms of technical indicators, the weekly MACD remains bearish, while the monthly outlook is mildly bearish. The Relative Strength Index (RSI) indicates a bullish stance on a weekly basis, but shows no signal on a monthly scale. Bollinger Bands present a mildly bearish trend weekly, contrasting with a bullish monthly perspective. Moving averages reflect a mildly bearish sentiment on a daily basis, while the KST shows bearish weekly and mildly bearish monthly trends. Dow Theory indicates...
Read MoreEmpire Industries Faces Technical Trend Adjustments Amid Mixed Performance Indicators
2025-03-18 08:01:49Empire Industries, a microcap player in the glass industry, has recently undergone a technical trend adjustment. The company's current stock price stands at 1008.05, slightly down from the previous close of 1020.00. Over the past year, Empire Industries has shown a return of 11.27%, outperforming the Sensex, which recorded a return of 2.10% during the same period. However, the year-to-date performance reveals a decline of 22.09%, while the Sensex has only dipped by 5.08%. In terms of technical indicators, the weekly MACD and Bollinger Bands signal bearish trends, while the monthly indicators reflect a mildly bearish stance. The daily moving averages also indicate a bearish trend. Notably, the stock has experienced significant fluctuations, with a 52-week high of 1,599.00 and a low of 823.70, highlighting its volatility. The company's performance over various time frames shows a mixed picture. While it has...
Read MoreEmpire Industries Faces Valuation Discrepancy Amid Mixed Performance Trends
2025-03-17 18:00:21Empire Industries, a microcap player in the glass industry, has shown notable activity today, reflecting a complex performance landscape. With a market capitalization of Rs 612.00 crore, the company has a price-to-earnings (P/E) ratio of 14.19, significantly lower than the industry average of 46.79, indicating a potential valuation discrepancy within the sector. Over the past year, Empire Industries has outperformed the Sensex, achieving a return of 11.27% compared to the index's 2.10%. However, recent trends reveal a decline, with the stock down 1.17% today, while the Sensex has gained 0.46%. In the short term, the stock has faced challenges, with a 3-month performance decline of 15.99% against the Sensex's 8.07% drop. Technical indicators suggest a bearish sentiment, with the MACD and Bollinger Bands reflecting a negative outlook on both weekly and monthly charts. The stock's year-to-date performance st...
Read MoreEmpire Industries Adjusts Valuation Grade, Highlighting Competitive Edge in Glass Sector
2025-03-01 08:00:37Empire Industries, a microcap player in the glass industry, has recently undergone a valuation adjustment, reflecting its current financial standing. The company’s price-to-earnings ratio stands at 14.05, while its price-to-book value is recorded at 1.96. Other key metrics include an EV to EBIT of 11.46 and an EV to EBITDA of 9.03, indicating its operational efficiency relative to its enterprise value. In terms of profitability, Empire Industries boasts a return on capital employed (ROCE) of 12.39% and a return on equity (ROE) of 13.94%. The company also offers a dividend yield of 2.51%, which may appeal to income-focused investors. When compared to its peers, Empire Industries presents a more favorable valuation profile. For instance, Saint-Gobain Sekurit is categorized as very expensive with a significantly higher PE ratio of 28.56, while Haldyn Glass shares an attractive valuation similar to Empire. Ot...
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Empire Industries Faces Evaluation Adjustment Amidst Strong Cash Position and Debt Concerns
2025-02-28 18:29:18Empire Industries has recently adjusted its evaluation, reflecting a mix of financial metrics and market positioning. The company reported positive third-quarter results for FY24-25, showcasing growth in profits. However, concerns about debt servicing and a slight decline in operating profit over five years have emerged, despite a strong cash position.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
07-Apr-2025 | Source : BSECertification under Regulation 74 (5) of SEBI (DP) Regulations 2018
Closure of Trading Window
21-Mar-2025 | Source : BSEClosure of Trading Window
Disclosures under Reg. 10(7) of SEBI (SAST) Regulations 2011
05-Mar-2025 | Source : BSEThe Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Ranjit Malhotra
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Empire Industries Ltd has declared 250% dividend, ex-date: 13 Sep 24
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