Jan 09 2025 06:46 PM ISTSynergy Green Industries has been downgraded to a ‘Hold’ rating by MarketsMojo as of January 9, 2025. The company reported a 28.32% increase in net sales and a 199.93% rise in operating profit for Q2 FY24-25, marking seven consecutive quarters of positive financial performance.Get Detailed Stock Report Synergy Green Industries, a microcap company in the castings and forgings industry, has recently been downgraded to a ‘Hold’ rating by MarketsMOJO as of January 9, 2025. Despite this downgrade, the company has reported positive financial performance for the second quarter of FY24-25, with net sales growing at an annual rate of 28.32% and operating profit soaring by 199.93%. Synergy Green has achieved positive results for seven consecutive quarters, with operating cash flow reaching its highest at Rs 37.69 crore and net sales hitting Rs 88.91 crore. The stock is currently in a mildly bullish range, supported by favorable technical indicators such as MACD and KST.The company’s return on capital employed (ROCE) stands at 19.9, indicating an attractive valuation with a 4.9 enterprise value to capital employed ratio. Over the past year, Synergy Green has generated a return of 22.13%, with profits increasing by 54.2%. However, the company faces challenges with a high debt-to-EBITDA ratio of 3.08, indicating low ability to service debt and a return on equity averaging 5.42%.
Mer. Gen 15th, 2025
