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Showing posts from April, 2018
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Visagar Polytex : Complete Analysis Visagar Polytex limited is into variety of products and services . It involved in textile manufacturing, trading , wholesaling and retailing activities. For investment purpose we must look into its fundamental and technical analysis . Fundamental Analysis : Industry : Textile . Inception : 1983 Market Cap : Micro Cap . Promotors stake :33% …This is not that much good . Debt to equity ratio : 0.39 …positive point for the company . Net Sales : Net sales has grown at - 26 .97  % year on year basis which is negative and indicates negative near term sales trend. Dividend payout : No dividend paid in the last two years by the company which questions its financial position . EPS (Earning per share ) ..Lowest at zero …which indicates declining profitability of the company . Profit before tax is the lowest in the last 5 quarters. Returns : one year return is negative ( -44%). EPS is continuously declining from the last 3 quarters and be...