Stock of Interest

Posted On: July 13, 2023

Stock Report : WORTH(NSE) 13 Jul 2023

Founded in 1996, Worth Peripherals has become a leading manufacturer and supplier of corrugated boxes in India. They serve industries such as FMCG, pharmaceuticals, chemicals, beverages, and textiles. With a commitment to innovation and quality, Worth Peripherals has gained a strong reputation in the market. They have a subsidiary called Worth India Pack Private Limited and employ 115 individuals. In March 2023, their revenue was 67.53 crore INR, with a net income of 4.09 crore INR and a net profit margin of 6.06%. Worth Peripherals is poised for continued growth and success in the packaging industry. Worth Peripherals continues to be a respected and reliable provider of corrugated boxes, playing a vital role in supporting various industries with their packaging needs. With their commitment to innovation, customer satisfaction, and financial stability, the company is well-positioned for future growth and success in the competitive packaging market.

xCalData predicts that WORTH will continue its bearish phase over the next five days and trend within the range of 97 and 92.

In comparison to the previous month, the price of the stock has experienced a decline of 7.10% suggesting a bearish sentiment in the market.

Majority of the technical ratios trend towards bearish side of the spectrum. Only 1 of the technical indicators namely RVI indicate bullish view.

Collectively, xCalData suggests the stock would be in Bearish zone.

The Stock has doubled once since 11 Nov 2020 and took an average of 0.6 years to double.

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData.

Disclaimer: The securities quoted are for illustration only and are not recommendatory.