What is the Share Price of North Eastern Carrying Corporation Ltd?

North Eastern Carrying Corporation Ltd share price is ₹26.90 As on 27 April, 2024|16:27

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North Eastern Carrying Corporation Ltd

North Eastern Carrying Corporation Ltd

Q: What is the Market Cap of North Eastern Carrying Corporation Ltd?

The Market Cap of North Eastern Carrying Corporation Ltd is ₹251 As on 27 April, 2024|16:27

Q: What is PE Ratio of North Eastern Carrying Corporation Ltd?

The P/E ratio of North Eastern Carrying Corporation Ltd is 9.44 As on 27 April, 2024|16:27

Q: What is PB Ratio of North Eastern Carrying Corporation Ltd?

The PB ratio of North Eastern Carrying Corporation Ltd is 1.66 As on 27 April, 2024|16:27

₹ 26.90 +0.60 (2.27%)
Updated on 27-04-2024 6:50 AM

Stock Rating

Pros 1

Cons 8

Price Performance

Day's Low
₹26.45

Day's High
₹27.25

₹ 26.9

52-w low
₹18.05

52-w high
₹37.4

26.9

Day's open
₹26.45
Previous close
₹26.4
VWAP
₹26.91
Lower price band
₹21.55
Upper price band
₹32.25

Today's Market Action

The last traded share price of North Eastern Carrying Corporation Ltd was 26.90 up by 2.27% on the NSE. Its last traded stock price on BSE was 26.94 up by 1.62%. The total volume of shares on NSE and BSE combined was 155,872 shares. Its total combined turnover was Rs 0.42 crores.

Medium and Long Term Market Action

North Eastern Carrying Corporation Ltd hit a 52-week high of 37.4 on 14-12-2023 and a 52-week low of 18.05 on 03-08-2023. The stock price of North Eastern Carrying Corporation Ltd is up by 19% over the last one month. It is up by 26.29% over the last one year. Don't forget to check the full stock price history in the table below.

Fundamentals

Market Cap (Cr): 251
Book Value (₹):
Stock P/E:
Revenue (Cr):
Total Debt (Cr):

Face Value (₹):
Roce (%):
ROE (%):
Earnings (Cr):
Promoter’s Holdings (%):

EPS (₹):
Debt to Equity:
Dividend Yield (%):
Cash (Cr):

Mutual fund holdings and trends

FUND NAME	Quantity	Monthly Change (Qty)

Shareholding Pattern

Similar Stocks

Company	Price	Market Cap (Cr)	P/E

About

Data not available.

FAQ's

What is Share Price of North Eastern Carrying Corporation Ltd?

What is the Market Cap of North Eastern Carrying Corporation Ltd?

What is PE Ratio of North Eastern Carrying Corporation Ltd?

What is PB Ratio of North Eastern Carrying Corporation Ltd?

What is the CAGR of North Eastern Carrying Corporation Ltd?

How to Buy North Eastern Carrying Corporation Ltd Share?

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

Pros

Asset Light Business
The company operates a great asset light business with a high Asset turnover ratio of 26.42. A high asset turnover ratio is a great driver of RoE and can improve shareholder returns. A relatively higher asset turnover ratio also will result in lower dilution as the business grows its revenues as earnings.

Cons

Low Sustainable RoE
The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
Low Return on Capital Employed
The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
Poor Cash Flow Conversion
The business has very poor cash conversion ratio of only -70.00% of operating earnings getting converted into operating cash flow. This implies that increase in profits has not translated into higher cash flows for the business and incrementally higher investments in working capital which works negatively for shareholders.
Low Interest Coverage
The company has a very low Interest coverage ratio of 2.50 times which implies that a large portion of operating profits are getting attributed to payment of interest to debtholders. This leaves lower earnings and cash flows for equity shareholders which is negative for returns.
Highly Cyclical Industry
The company operates an extremely cyclical business with unpredictable earnings and cash flows. This shall result in very high stock price volatility and returns which would negatively impact shareholder returns.
Low Pricing Power & High Competition
The business has extremely low pricing power and is vulnerable to competitive pressure which can significantly impact shareholder returns.
Poor Capital Allocation
The company has disproportionately high amount of assets locked up in working capital, cash and cash equivalents, loans and advances, etc to the extent of 95.70 % of total assets. This reflects poorly on the capital allocation strategy of the management which negatively impacts shareholder returns.
Poor Working Capital Cycle
The company has a very poor working capital cycle of 126 days which requires very high investments in working capital. This reduces free cash flow generation for the business and negatively impacts shareholder value and returns.

Valuation Analysis

Margin of safety
(27/04/2024)

100

Margin of Safety Index: High

100.00%

100.00% People are bullish about North Eastern Carrying Corporation Ltd

0.00%

0.00 % People are bearish about North Eastern Carrying Corporation Ltd

What is your opinion about this Stock?

Historical Data

Date	Open	High	Low	Close	Volume	Daily Change %