Is Morarjee 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, Morarjee Textiles Limited pays dividends. Last time was Thursday 21st of September 2017 where the investors holding the stock on Thursday 10th of August 2017 were paid INR1.4 per share. Over the last 5 times between 2013 and 2017, Morarjee Textiles Limited has paid INR8.75 with an average of INR1.75 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Morarjee Textiles Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR13.30, you would have made a profit of INR1.300 per share or 9.77%
No, the average daily trading liquidity for Morarjee Textiles Limited is INR21 600 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.
Morarjee Textiles Limited has no real debt, which is good in periods of high inflation. 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 Morarjee Textiles Limited to be medium [0.7 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.