Mihika Industries Experiences Valuation Grade Change Amidst Competitive Market Landscape
2025-04-02 08:00:22Mihika Industries, a microcap player in the trading sector, has recently undergone a valuation adjustment, reflecting a notable shift in its financial standing. The company currently boasts a price-to-earnings (P/E) ratio of 19.41 and a price-to-book value of 0.96, indicating a competitive position in the market. Its enterprise value to EBITDA stands at 20.93, while the PEG ratio is impressively low at 0.13, suggesting potential for growth relative to its earnings. Despite facing challenges, Mihika Industries has shown resilience in certain metrics. The return on equity (ROE) is recorded at 4.95%, while the return on capital employed (ROCE) is at -19.32%. In comparison to its peers, Mihika Industries presents a more favorable valuation profile, particularly when contrasted with companies like Banganga Paper and STC, which are categorized as risky, and Fratelli Vineyard, which is noted for its expensive val...
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Mihika Industries Adjusts Evaluation Amid Mixed Financial Performance and Market Challenges
2025-03-25 08:25:20Mihika Industries has recently adjusted its evaluation, reflecting changes in its technical outlook. Despite reporting positive quarterly results, the company's long-term fundamentals appear weak, with low return on equity and concerning debt management. The stock has underperformed against market indices but is trading at a discount compared to peers.
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Mihika Industries Adjusts Valuation Amidst Mixed Financial Performance and Debt Challenges
2025-03-18 08:23:23Mihika Industries has recently adjusted its evaluation, reflecting its financial metrics and market position. The company reported positive Q3 FY24-25 results, with net sales of Rs 6.89 crore and a profit after tax of Rs 0.65 crore, despite concerns over long-term fundamentals and debt servicing challenges.
Read MoreMihika Industries Faces Intense Selling Pressure Amid Consecutive Losses and Market Underperformance
2025-03-17 15:35:03Mihika Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 4.48% in just one day. Over the past two days, the stock has fallen by 5%, indicating a troubling trend for investors. In comparison to the broader market, Mihika Industries has underperformed relative to the Sensex, which has gained 0.46% today. Over the past month, Mihika Industries has seen a decline of 5.81%, while the Sensex has only dipped by 2.40%. Year-to-date, the stock is down 14.13%, contrasting sharply with the Sensex's decline of 5.08%. The stock's performance metrics reveal that it is currently trading above its 5-day moving average but below its 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a weakening position in the market. The trading sector overall has gained by 2.13%, further highligh...
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Mihika Industries Adjusts Evaluation Amid Mixed Financial Performance and Market Challenges
2025-03-13 08:08:41Mihika Industries has recently adjusted its evaluation, reflecting its financial metrics and market position. In Q3 FY24-25, the company reported net sales of Rs 6.89 crore and a profit after tax of Rs 0.65 crore, while facing challenges in long-term strength and debt management.
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Mihika Industries Faces Volatility Amid Broader Market Trends and Weak Fundamentals
2025-03-07 11:36:13Mihika Industries has faced notable volatility, reaching a new 52-week low after a period of gains. The company has underperformed its sector and experienced a year-over-year decline, reflecting weak financial metrics. However, it reported positive half-year results, indicating some resilience despite ongoing challenges.
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Mihika Industries Sees Intraday Gains Amid Ongoing Price Challenges and Volatility
2025-02-25 10:05:13Mihika Industries has seen notable trading activity today, rebounding after three days of decline with a significant intraday gain. Despite this uptick, the stock remains below key moving averages and has experienced a year-long decline, contrasting with the overall market performance. The company continues to face volatility and challenges.
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Mihika Industries Faces Significant Volatility Amidst Declining Stock Performance
2025-02-17 15:05:13Mihika Industries, a microcap in the trading sector, hit a new 52-week low today, reflecting significant volatility and underperformance compared to its sector. The stock has declined 21.85% over the past year, contrasting with the Sensex's gains, and is trading below key moving averages, indicating a downward trend.
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Mihika Industries Reports Strong Sales Growth and Improved Profitability in December 2024 Results
2025-02-17 13:36:06Mihika Industries has announced its financial results for the quarter ending December 2024, revealing significant growth in net sales, which reached Rs 6.89 crore for the half-year. The company also reported a profit after tax of Rs 0.65 crore, indicating improved profitability and a positive performance trajectory.
Read MoreAnnouncement under Regulation 30 (LODR)-Newspaper Publication
02-Apr-2025 | Source : BSENewspaper Publication
Announcement under Regulation 30 (LODR)-Newspaper Publication
15-Feb-2025 | Source : BSEAnnouncement under Regulation 30 (LODR) - Newspaper Publication
Integrated Filing (Financial)
14-Feb-2025 | Source : BSEIntegrated Filling (Financial) for the Quarter Ended 31st December 2024
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