-
1 Comment
Signet Industries Limited is currently in a long term uptrend where the price is trading 66.8% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.1.
Signet Industries Limited's total revenue sank by 3.0% to $2B since the same quarter in the previous year.
Its net income has increased by 91.6% to $70M since the same quarter in the previous year.
Finally, its free cash flow grew by 65.5% to $-159M since the same quarter in the previous year.
Based on the above factors, Signet Industries Limited gets an overall score of 4/5.
Industry | Specialty Chemicals |
---|---|
Sector | Basic Materials |
ISIN | INE529F01035 |
CurrencyCode | INR |
Exchange | NSE |
Dividend Yield | 1.4% |
---|---|
Target Price | None |
PE Ratio | 9.47 |
Market Cap | 1B |
Beta | 0.99 |
Signet Industries Limited engages in merchant trading of various polymer and other products in India. The company operates through Manufacturing, Wind Power Unit, and Trading segments. It distributes and trades in PVC resins; polyolefins, such as HDPE, LLDPE, and PP; PET resins; and DOP and DBP plasticizers, as well as imports and trades in LDPE and metallocine grades. The company also manufactures micro irrigation systems; HDPE sprinkler pipes, HDPE pipes, and cable ducts; PVC pipes and fittings; spray pumps; crates; molded furniture; and household molded products, as well as ghamela, buckets, milk canes, stools, mugs, supda, etc. In addition, it generates and distributes electricity through windmill in the sates of Rajasthan and Maharashtra. The company was formerly known as Signet Overseas Limited and changed its name to Signet Industries Limited in January 2010. Signet Industries Limited was incorporated in 1985 and is based in Indore, India.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for SIGIND.NSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024