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1 Comment
Onward Technologies Limited is currently in a long term uptrend where the price is trading 102.4% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.8.
Onward Technologies Limited's total revenue sank by 17.0% to $578M since the same quarter in the previous year.
Its net income has dropped by 17.7% to $24M since the same quarter in the previous year.
Finally, its free cash flow grew by 29.6% to $177M since the same quarter in the previous year.
Based on the above factors, Onward Technologies Limited gets an overall score of 3/5.
| Industry | Information Technology Services |
|---|---|
| Sector | Technology |
| ISIN | INE229A01017 |
| CurrencyCode | INR |
| Exchange | NSE |
| PE Ratio | 114.95 |
|---|---|
| Dividend Yield | 0.8% |
| Target Price | None |
| Beta | 1.05 |
| Market Cap | 7B |
Onward Technologies Limited provides mechanical engineering design and IT consulting services in India and internationally. The company offers digital transformation, embedded systems, engineering technology, data analytics, artificial intelligence, and machine learning products and services. It also offers digital engineering, embedded electronics, mechanical engineering, and enterprise IT related services. The company serves automotive, manufacturing, e-commerce, semiconductor, ICT, and medical technology industries. The company was incorporated in 1991 and is based in Mumbai, India. Onward Technologies Limited is a subsidiary of Onward Network Technologies Private Limited.
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