Palash Securities Limited, an investment company, engages in the food processing business in India and internationally. It operates through two segments, Investing business and Food Processing Business. The company offers canned fruits, vegetables, and food products, such as jams, squashes, crushes, vegetable sauces, juices, and breakfast cereals, as well as tomato ketchup, pasta, and vermicelli under the Morton brand name. It also invests in and deals in shares and securities; and immovable properties. The company was incorporated in 2015 and is headquartered in Kolkata, India.
Research context
Palash Securities Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Palash Securities Limited is currently in a long term uptrend where the price is trading 58.3% above its 200 day moving average.
From a valuation standpoint, the stock is 73.9% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 0.9.
Palash Securities Limited's total revenue rose by 33.7% to $172M since the same quarter in the previous year.
Its net income has dropped by 37.3% to $-23M since the same quarter in the previous year.
Finally, its free cash flow fell by 261.5% to $-27M since the same quarter in the previous year.
Based on the above factors, Palash Securities Limited gets an overall score of 3/5.