Algo version: 0.98b
MIRC Electronics Limited is listed at the NSE Exchange
MIRC Electronics Limited [MIRCELECTR.NS]
NSE Sector: Consumer Cyclical Industry:Furnishings, Fixtures & Appliances

Is MIRC Electronics 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, MIRC Electronics Limited pays dividends. Last time was Monday 4th of July 2011 where the investors holding the stock on Thursday 9th of June 2011 were paid INR1 per share. Over the last 8 times between 2004 and 2011, MIRC Electronics Limited has paid INR6.45 with an average of INR0.81 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for MIRC Electronics Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR12.20, you would have made a profit of INR15.30 per share or 125.41%

Yes, the average daily trading liquidity for MIRC Electronics Limited is INR1.58 million. You should therefore be able to get in and out of your positions relatively fast.

MIRC Electronics 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 low cash flow to debt ratio of 0.08, the company's ability to pay off the debt is limited. 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 MIRC Electronics 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.