Stovec Inds.

Market Cap: Micro Cap
Industry: Textile - Machinery
ISIN: INE755D01015
NSEID:
BSEID: 504959

INR

2,502.00

7.9 (0.32%)

BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 170

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    "name": "Stovec Inds.",
    "stock_name": "Stovec Inds.",
    "full_name": "Stovec Industries Ltd",
    "name_url": "stocks-analysis/stovec-inds",
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    "country_id": 34,
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    "cmp": "2,502.00",
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    "chgp": "0.32%",
    "dir": 1,
    "prev_price": "2,494.10",
    "mcapval": "522.42 Cr",
    "mcap": "Micro Cap",
    "scripcode": 504959,
    "symbol": "",
    "ind_name": "Textile - Machinery",
    "ind_code": 64,
    "isin": "INE755D01015",
    "curr_date": "Apr 11, 12:52 PM",
    "curr_time": "00:04 AM",
    "bse_nse_vol": "170 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
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  "news": {
    "results": [
      {
        "title": "Stovec Industries Adjusts Valuation Amid Competitive Textile Machinery Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-valuation-grade-downgraded-from-attractive-to-fair-amid-stock-fluctuations-1692208",
        "imagepath": "",
        "date": "2025-04-03 08:00:41",
        "description": "Stovec Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment. The company's current price stands at 2,458.10, reflecting a slight increase from the previous close of 2,401.05. Over the past week, Stovec has shown a stock return of 2.20%, outperforming the Sensex, which recorded a decline of 0.87%.\n\nKey financial metrics for Stovec include a PE ratio of 39.60 and a price-to-book value of 3.66. The company also boasts a dividend yield of 5.37%, alongside a return on equity (ROE) of 9.25% and a return on capital employed (ROCE) of 6.67%. In comparison to its peers, Stovec's valuation metrics indicate a more favorable position relative to companies like Integra Engineering and Candour Techtex, which have significantly higher PE ratios and EV to EBITDA values.\n\nDespite a year-to-date return of -19.41%, Stovec's performance over a five-year period shows a ret..."
      },
      {
        "title": "Stovec Industries Adjusts Valuation Grade Amid Competitive Textile Machinery Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-valuation-grade-upgraded-from-fair-to-attractive-amid-price-decline-1378922",
        "imagepath": "",
        "date": "2025-03-12 08:00:36",
        "description": "Stovec Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment, reflecting a shift in its financial standing. The company currently presents a PE ratio of 36.38 and a price-to-book value of 3.37, indicating a robust valuation relative to its assets. Additionally, Stovec's EV to EBITDA stands at 21.13, while its EV to sales ratio is 1.87, suggesting a solid operational performance.\n\nIn terms of returns, Stovec has shown a notable stock return of 7.43% over the past week, significantly outperforming the Sensex, which returned 1.52% in the same period. However, the company has faced challenges in the longer term, with a year-to-date return of -25.96%, compared to the Sensex's -5.17%. \n\nWhen compared to its peers, Stovec Industries maintains a competitive edge with a PEG ratio of 0.84, contrasting sharply with companies like Integra Engineering and Candour Te..."
      },
      {
        "title": "Stovec Industries Faces Financial Setback Amid Declining Profit and Sales Performance",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/stovec-industries-faces-downgrade-amid-significant-profit-and-sales-decline-1270192",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/StovecIndustrie_mojoScore_637006.png",
        "date": "2025-03-11 08:06:24",
        "description": "Stovec Industries, a microcap in the textile machinery sector, has faced a challenging third quarter in FY24-25, reporting a decline in profit after tax and net sales. The company has seen a contraction in operating profit over the past five years and has consistently underperformed against benchmark indices."
      },
      {
        "title": "Stovec Industries Adjusts Valuation Grade Amid Competitive Market Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-valuation-grade-downgraded-from-very-attractive-to-attractive-1212908",
        "imagepath": "",
        "date": "2025-03-06 08:00:56",
        "description": "Stovec Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment. The company's financial metrics reveal a PE ratio of 36.24 and a price-to-book value of 3.35, indicating its current market positioning. The EV to EBITDA stands at 21.05, while the EV to sales ratio is 1.86, reflecting its operational efficiency.\n\nIn comparison to its peers, Stovec Industries presents a more favorable PEG ratio of 0.84, suggesting a relatively attractive growth perspective. Notably, Integra Engineering and Lakshmi Engineering are positioned at higher valuation levels, with PE ratios of 44.82 and 129.91, respectively. Meanwhile, Candour Techtex shows a significantly elevated PE ratio of 110.68, indicating a premium valuation compared to Stovec.\n\nDespite recent fluctuations in stock performance, with a year-to-date return of -26.24% against a -5.64% return for the Sensex, Stove..."
      },
      {
        "title": "Stovec Industries Faces Financial Challenges Amid Declining Profit and Sales Performance",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/stovec-industries-reports-60-4-decline-in-profit-after-tax-amid-poor-financial-performance-1178289",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/StovecIndustrie_mojoScore_563412.png",
        "date": "2025-03-03 18:37:12",
        "description": "Stovec Industries, a microcap in the textile machinery sector, has recently seen a change in its evaluation following a challenging Q3 FY24-25. The company reported a significant decline in profit after tax and net sales, reflecting ongoing financial difficulties and a contraction in operating profit over the past five years."
      },
      {
        "title": "Stovec Industries Faces Continued Volatility Amidst Underperformance in Textile Sector",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-hits-new-52-week-low-amid-ongoing-stock-decline-1044079",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/StovecIndustrie_priceRelatedfactors_457999.png",
        "date": "2025-02-18 11:56:03",
        "description": "Stovec Industries, a microcap in the textile machinery sector, has hit a new 52-week low, continuing a downward trend with a notable decline over the past two days. The company's annual performance has been weak, contrasting with broader market gains, while it currently trades below multiple moving averages."
      },
      {
        "title": "Stovec Industries Hits 52-Week Low Amidst Sector Underperformance and Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-hits-new-52-week-low-at-rs-2260-amid-declining-performance-1040056",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/StovecIndustrie_priceRelatedfactors_451039.png",
        "date": "2025-02-17 09:40:25",
        "description": "Stovec Industries, a microcap in the textile machinery sector, reached a new 52-week low today, underperforming its sector. The stock has declined 8.00% over the past year, contrasting with the Sensex's gains. Despite challenges, it offers a high dividend yield of 5.56%, attracting some market interest."
      },
      {
        "title": "Stovec Industries Faces Continued Volatility Amid Sector Underperformance and High Dividend Yield in October 2023",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-hits-52-week-low-at-rs-2299-9-amid-14-83-decline-1010435",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/StovecIndustrie_priceRelatedfactors_444633.png",
        "date": "2025-02-14 11:35:36",
        "description": "Stovec Industries, a microcap in the textile machinery sector, has faced notable volatility, reaching a new 52-week low and declining for six consecutive days. Despite this, it outperformed its sector. The stock offers a high dividend yield of 5.65%, though it has underperformed over the past year compared to the Sensex."
      },
      {
        "title": "Stovec Industries Faces Significant Volatility Amidst Ongoing Market Challenges in October 2023",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/stovec-industries-hits-52-week-low-at-rs-2300-amid-significant-decline-1000097",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/StovecIndustrie_priceRelatedfactors_435436.png",
        "date": "2025-02-13 15:35:22",
        "description": "Stovec Industries, a microcap in the textile machinery sector, has hit a new 52-week low, underperforming its sector significantly. The stock has seen a continuous decline over the past week and is trading below multiple moving averages, indicating persistent bearish momentum. Despite these challenges, it offers a high dividend yield."
      }
    ],
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  "announcements": [
    {
      "caption": "Business Responsibility and Sustainability Reporting (BRSR)",
      "datetime": "09-Apr-2025",
      "details": "Business Responsibility and Sustainability Report for the FY2024",
      "source": "BSE"
    },
    {
      "caption": "Notice Of 51St Annual General Meeting",
      "datetime": "09-Apr-2025",
      "details": "Notice of 51st AGM and Full Annual Report for the FY2024",
      "source": "BSE"
    },
    {
      "caption": "Reg. 34 (1) Annual Report.",
      "datetime": "09-Apr-2025",
      "details": "Pursuant to Regulation 34 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed full Annual Report of the Company for the financial year 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": "Stovec Industries Ltd has declared <strong>1150%</strong> dividend, ex-date: 27 May 24",
          "dt": "2024-05-27",
          "middle_text": "Dividend Alert"
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      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
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      "msg": "No <strong>Bonus</strong> history available",
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News and Views

Stovec Industries Adjusts Valuation Amid Competitive Textile Machinery Landscape

2025-04-03 08:00:41

Stovec Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment. The company's current price stands at 2,458.10, reflecting a slight increase from the previous close of 2,401.05. Over the past week, Stovec has shown a stock return of 2.20%, outperforming the Sensex, which recorded a decline of 0.87%. Key financial metrics for Stovec include a PE ratio of 39.60 and a price-to-book value of 3.66. The company also boasts a dividend yield of 5.37%, alongside a return on equity (ROE) of 9.25% and a return on capital employed (ROCE) of 6.67%. In comparison to its peers, Stovec's valuation metrics indicate a more favorable position relative to companies like Integra Engineering and Candour Techtex, which have significantly higher PE ratios and EV to EBITDA values. Despite a year-to-date return of -19.41%, Stovec's performance over a five-year period shows a ret...

Stovec Industries Adjusts Valuation Grade Amid Competitive Textile Machinery Landscape

2025-03-12 08:00:36

Stovec Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment, reflecting a shift in its financial standing. The company currently presents a PE ratio of 36.38 and a price-to-book value of 3.37, indicating a robust valuation relative to its assets. Additionally, Stovec's EV to EBITDA stands at 21.13, while its EV to sales ratio is 1.87, suggesting a solid operational performance. In terms of returns, Stovec has shown a notable stock return of 7.43% over the past week, significantly outperforming the Sensex, which returned 1.52% in the same period. However, the company has faced challenges in the longer term, with a year-to-date return of -25.96%, compared to the Sensex's -5.17%. When compared to its peers, Stovec Industries maintains a competitive edge with a PEG ratio of 0.84, contrasting sharply with companies like Integra Engineering and Candour Te...

Stovec Industries Faces Financial Setback Amid Declining Profit and Sales Performance

2025-03-11 08:06:24

Stovec Industries, a microcap in the textile machinery sector, has faced a challenging third quarter in FY24-25, reporting a decline in profit after tax and net sales. The company has seen a contraction in operating profit over the past five years and has consistently underperformed against benchmark indices.

Stovec Industries Adjusts Valuation Grade Amid Competitive Market Landscape

2025-03-06 08:00:56

Stovec Industries, a microcap player in the textile machinery sector, has recently undergone a valuation adjustment. The company's financial metrics reveal a PE ratio of 36.24 and a price-to-book value of 3.35, indicating its current market positioning. The EV to EBITDA stands at 21.05, while the EV to sales ratio is 1.86, reflecting its operational efficiency. In comparison to its peers, Stovec Industries presents a more favorable PEG ratio of 0.84, suggesting a relatively attractive growth perspective. Notably, Integra Engineering and Lakshmi Engineering are positioned at higher valuation levels, with PE ratios of 44.82 and 129.91, respectively. Meanwhile, Candour Techtex shows a significantly elevated PE ratio of 110.68, indicating a premium valuation compared to Stovec. Despite recent fluctuations in stock performance, with a year-to-date return of -26.24% against a -5.64% return for the Sensex, Stove...

Stovec Industries Faces Financial Challenges Amid Declining Profit and Sales Performance

2025-03-03 18:37:12

Stovec Industries, a microcap in the textile machinery sector, has recently seen a change in its evaluation following a challenging Q3 FY24-25. The company reported a significant decline in profit after tax and net sales, reflecting ongoing financial difficulties and a contraction in operating profit over the past five years.

Stovec Industries Faces Continued Volatility Amidst Underperformance in Textile Sector

2025-02-18 11:56:03

Stovec Industries, a microcap in the textile machinery sector, has hit a new 52-week low, continuing a downward trend with a notable decline over the past two days. The company's annual performance has been weak, contrasting with broader market gains, while it currently trades below multiple moving averages.

Stovec Industries Hits 52-Week Low Amidst Sector Underperformance and Market Challenges

2025-02-17 09:40:25

Stovec Industries, a microcap in the textile machinery sector, reached a new 52-week low today, underperforming its sector. The stock has declined 8.00% over the past year, contrasting with the Sensex's gains. Despite challenges, it offers a high dividend yield of 5.56%, attracting some market interest.

Stovec Industries Faces Continued Volatility Amid Sector Underperformance and High Dividend Yield in October 2023

2025-02-14 11:35:36

Stovec Industries, a microcap in the textile machinery sector, has faced notable volatility, reaching a new 52-week low and declining for six consecutive days. Despite this, it outperformed its sector. The stock offers a high dividend yield of 5.65%, though it has underperformed over the past year compared to the Sensex.

Stovec Industries Faces Significant Volatility Amidst Ongoing Market Challenges in October 2023

2025-02-13 15:35:22

Stovec Industries, a microcap in the textile machinery sector, has hit a new 52-week low, underperforming its sector significantly. The stock has seen a continuous decline over the past week and is trading below multiple moving averages, indicating persistent bearish momentum. Despite these challenges, it offers a high dividend yield.

View All News

Announcement

Business Responsibility and Sustainability Reporting (BRSR)

09-Apr-2025 | Source : BSE

Business Responsibility and Sustainability Report for the FY2024

Notice Of 51St Annual General Meeting

09-Apr-2025 | Source : BSE

Notice of 51st AGM and Full Annual Report for the FY2024

Reg. 34 (1) Annual Report.

09-Apr-2025 | Source : BSE

Pursuant to Regulation 34 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed full Annual Report of the Company for the financial year ended 31st December 2024