Is GTN Textiles 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, GTN Textiles Limited pays dividends. Last time was Saturday 16th of August 2008 where the investors holding the stock on Thursday 17th of July 2008 were paid INR0.6 per share. Over the last 3 times between 2006 and 2008, GTN Textiles Limited has paid INR2.4 with an average of INR0.8 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for GTN Textiles Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR7.50, you would have made a profit of INR12.00 per share or 160.00%
No, the average daily trading liquidity for GTN Textiles Limited is INR5 301 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
GTN Textiles 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. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for GTN Textiles Limited to be high [0.75 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.