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1 Comment
Sangam (India) Limited is currently in a long term uptrend where the price is trading 52.3% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.2.
Sangam (India) Limited's total revenue sank by 0.0% to $4B since the same quarter in the previous year.
Its net income has increased by 34.1% to $74M since the same quarter in the previous year.
Finally, its free cash flow fell by 37.3% to $780M since the same quarter in the previous year.
Based on the above factors, Sangam (India) Limited gets an overall score of 3/5.
Industry | Textile Manufacturing |
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ISIN | INE495C01010 |
Exchange | NSE |
CurrencyCode | INR |
Sector | Consumer Cyclical |
Target Price | 354 |
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Beta | 0.63 |
Dividend Yield | 0.5% |
Market Cap | 21B |
PE Ratio | 56.2 |
Sangam (India) Limited engages in the manufacture and sale of PV-dyed yarns and denim fabrics in India. Its product portfolio includes PV-blended dyed fabrics, grey yarns, textured yarns, cotton spun yarn, synthetic ring spun yarns, fancy yarns, ring and open-ended cotton yarns, indigo dyed yarns, cotton knitted fabrics, synthetic blended, suiting and shirting fabrics; seamless knitting fabrics; denim fabrics, including basic, twills, broken, satins, shirting, and fancy and regular dobby; and polyester/viscose, polyester/cotton, PV lycra, and polyester woolen fabrics; as well as garments, such as inner wear, active wear, and casual wear for men and women. The company also generates power through solar power plant with an installed capacity of 17MW; thermal power plant of 16MW capacity; and wind power plant with an installed capacity of 5MW. It sells its products under the C9 Air wear, Sangam Suiting, and Sangam Denim brand names. The company also exports its products. Sangam (India) Limited was incorporated in 1984 and is headquartered in Mumbai, India.
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