Pyramid Technoplast’s stock surged by 20%, reaching the upper circuit today. The company, though having a low Debt to EBITDA ratio and currently in a mildly bullish range, has faced challenges in market performance and long-term growth.
Despite a recent return of 2.02% since October 14, 2024, and attractive metrics like an ROE of 13.1 and a Price to Book Value of 2.9, the stock has underperformed over the past year, delivering negative returns of -14.84%. The company’s long-term growth, with an annual operating profit growth rate of just 18.74% over the last five years, has also raised concerns.
Mutual funds currently hold no shares in the company, which may indicate caution toward the stock’s pricing or business prospects. While the stock shows improvement in the short term, investors should weigh these factors before making decisions.
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