Is Elgi Equipments Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Elgi Equipments Limited pays dividends. Last time was Thursday 29th of August 2024 where the investors holding the stock on Wednesday 24th of July 2024 were paid INR2 per share. Over the last 30 times between 2002 and 2024, Elgi Equipments Limited has paid INR27.45 with an average of INR0.92 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Elgi Equipments Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR126.00, you would have made a profit of INR585.50 per share or 464.68%
Yes, the average daily trading liquidity for Elgi Equipments Limited is INR472 734 thousand. You should therefore be able to get in and out of your positions relatively fast.
Elgi Equipments Limited has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.20, the company's ability to pay off the debt is normal. Elgi Equipments Limited has a good net profit margin of 9.69% and should have high tolerances against inflation.
We have calculated the inflation risk for Elgi Equipments Limited to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.