Innovative Tech

Market Cap: Micro Cap
Industry: Plastic Products
ISIN: INE965C01038
NSEID:
BSEID: 523840

INR

22.32

0.02 (0.09%)

BSENSE

Apr 11, 12:45 PM

BSE+NSE Vol: 551

{
  "main_header": {
    "sid": 465695,
    "name": "Innovative Tech",
    "stock_name": "Innovative Tech",
    "full_name": "Innovative Tech Pack Ltd",
    "name_url": "stocks-analysis/innovative-tech",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "22.32",
    "chg": 0.02,
    "chgp": "0.09%",
    "dir": 1,
    "prev_price": "22.30",
    "mcapval": "51.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 523840,
    "symbol": "",
    "ind_name": "Plastic Products",
    "ind_code": 40,
    "isin": "INE965C01038",
    "curr_date": "Apr 11, 12:45 PM",
    "curr_time": "00:16 AM",
    "bse_nse_vol": "551 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/innovative-tech-465695-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  },
  "news": {
    "results": [
      {
        "title": "Innovative Tech Pack Adjusts Valuation Grade, Highlighting Strong Financial Metrics and Competitive Edge",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/innovative-tech-packs-valuation-grade-upgraded-from-attractive-to-very-attractive-1669843",
        "imagepath": "",
        "date": "2025-04-02 08:01:02",
        "description": "Innovative Tech Pack, a microcap player in the plastic products industry, has recently undergone a valuation adjustment, reflecting a more favorable assessment of its financial metrics. The company currently boasts a price-to-earnings (PE) ratio of 15.46 and an impressive EV to EBITDA ratio of 5.40, indicating a strong operational efficiency relative to its enterprise value. Additionally, its PEG ratio stands at a low 0.19, suggesting potential for growth relative to its earnings.\n\nIn comparison to its peers, Innovative Tech Pack demonstrates a competitive edge with its valuation metrics. For instance, while Prakash Pipes holds an attractive valuation, its PE ratio is significantly lower at 10.04. Other competitors, such as Arrow Greentech and Premier Polyfilm, exhibit higher PE ratios and EV to EBITDA figures, positioning Innovative Tech Pack favorably within the industry landscape.\n\nDespite a challenging ..."
      },
      {
        "title": "Innovative Tech Pack Faces Ongoing Challenges Amid Heightened Market Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/innovative-tech-pack-hits-new-52-week-low-amid-significant-stock-decline-1171129",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/InnovativeTechP_priceRelatedfactors_561421.png",
        "date": "2025-03-03 09:35:55",
        "description": "Innovative Tech Pack, a microcap in the plastic products sector, has hit a new 52-week low, continuing a downward trend with a significant decline over the past six days. The stock is trading below all major moving averages and has underperformed compared to the broader market over the past year."
      },
      {
        "title": "Innovative Tech Pack Faces Significant Volatility Amid Sustained Downward Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/innovative-tech-pack-hits-new-52-week-low-amid-ongoing-stock-decline-1147028",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/InnovativeTechP_priceRelatedfactors_558710.png",
        "date": "2025-02-28 15:35:14",
        "description": "Innovative Tech Pack, a microcap in the plastic products sector, has hit a 52-week low amid significant volatility, with a notable decline over the past week. The stock has underperformed compared to its sector and has consistently traded below key moving averages, reflecting ongoing challenges in the market."
      },
      {
        "title": "Innovative Tech Pack Reports Strong Profit Growth Amid Declining Sales in December 2024 Results",
        "link": "https://www.marketsmojo.com/news/result-analysis/innovative-tech-pack-reports-rs-1-77-crore-pat-amid-declining-net-sales-in-december-2024-1020203",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/InnovativeTechP_quaterlyResult_450526.png",
        "date": "2025-02-15 09:39:53",
        "description": "Innovative Tech Pack has announced its financial results for the quarter ending December 2024, revealing a substantial increase in Profit After Tax to Rs 1.77 crore, up 176.56% year-on-year. However, net sales declined to Rs 31.04 crore, the lowest in five quarters, indicating mixed performance."
      }
    ],
    "total": 29,
    "sid": "465695",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/innovative-tech-pack-465695"
  },
  "announcements": [
    {
      "caption": "Closure of Trading Window",
      "datetime": "01-Apr-2025",
      "details": "Intimation for closure of trading window for the quarter 31st March 2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "15-Feb-2025",
      "details": "Publication of financial results for the quarter ended 31st december 2024",
      "source": "BSE"
    },
    {
      "caption": "Integrated Filing (Financial)",
      "datetime": "14-Feb-2025",
      "details": "Intimation for integrated filing of financials for the quarter ended 31st december 2024",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Innovative Tech Pack Ltd has declared <strong>15%</strong> dividend, ex-date: 20 Sep 19",
          "dt": "2019-09-20",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Innovative Tech Pack Ltd has announced <strong>1:10</strong> stock split, ex-date: 28 Oct 11",
          "dt": "2011-10-28",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Innovative Tech Pack Adjusts Valuation Grade, Highlighting Strong Financial Metrics and Competitive Edge

2025-04-02 08:01:02

Innovative Tech Pack, a microcap player in the plastic products industry, has recently undergone a valuation adjustment, reflecting a more favorable assessment of its financial metrics. The company currently boasts a price-to-earnings (PE) ratio of 15.46 and an impressive EV to EBITDA ratio of 5.40, indicating a strong operational efficiency relative to its enterprise value. Additionally, its PEG ratio stands at a low 0.19, suggesting potential for growth relative to its earnings. In comparison to its peers, Innovative Tech Pack demonstrates a competitive edge with its valuation metrics. For instance, while Prakash Pipes holds an attractive valuation, its PE ratio is significantly lower at 10.04. Other competitors, such as Arrow Greentech and Premier Polyfilm, exhibit higher PE ratios and EV to EBITDA figures, positioning Innovative Tech Pack favorably within the industry landscape. Despite a challenging ...

Innovative Tech Pack Faces Ongoing Challenges Amid Heightened Market Volatility

2025-03-03 09:35:55

Innovative Tech Pack, a microcap in the plastic products sector, has hit a new 52-week low, continuing a downward trend with a significant decline over the past six days. The stock is trading below all major moving averages and has underperformed compared to the broader market over the past year.

Innovative Tech Pack Faces Significant Volatility Amid Sustained Downward Trend

2025-02-28 15:35:14

Innovative Tech Pack, a microcap in the plastic products sector, has hit a 52-week low amid significant volatility, with a notable decline over the past week. The stock has underperformed compared to its sector and has consistently traded below key moving averages, reflecting ongoing challenges in the market.

Innovative Tech Pack Reports Strong Profit Growth Amid Declining Sales in December 2024 Results

2025-02-15 09:39:53

Innovative Tech Pack has announced its financial results for the quarter ending December 2024, revealing a substantial increase in Profit After Tax to Rs 1.77 crore, up 176.56% year-on-year. However, net sales declined to Rs 31.04 crore, the lowest in five quarters, indicating mixed performance.