POLYTEX
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Polytex India Says RBI Has Cancelled Certificate Of Registration Of Co To Carry On Business Of Non Banking Financial Institution
June 19 (Reuters) - Polytex India Ltd POTX.BO:
RBI HAS CANCELLED CERTIFICATE OF REGISTRATION OF CO TO CARRY ON BUSINESS OF NON BANKING FINANCIAL INSTITUTION
Source text for Eikon: ID:nBSE7xDhJ0
Further company coverage: POTX.BO
(([email protected];))
June 19 (Reuters) - Polytex India Ltd POTX.BO:
RBI HAS CANCELLED CERTIFICATE OF REGISTRATION OF CO TO CARRY ON BUSINESS OF NON BANKING FINANCIAL INSTITUTION
Source text for Eikon: ID:nBSE7xDhJ0
Further company coverage: POTX.BO
(([email protected];))
Events:
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Popular questions
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Business
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Shareholdings
What does Polytex India do?
Polytex India Ltd is a Non-Banking Financial Company registered with Reserve Bank of India, primarily involved in investments, trading in shares and securities, and offering short-term loans and advances.
Who are the competitors of Polytex India?
Polytex India major competitors are Lead Financial Serv, Ken FinancialService, Jayabharat Credit, Cindrella Finl. Serv, Hasti Finance, BP Capital, Galada Finance. Market Cap of Polytex India is ₹6 Crs. While the median market cap of its peers are ₹6 Crs.
Is Polytex India financially stable compared to its competitors?
Polytex India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Polytex India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Polytex India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Polytex India balance sheet?
The companies balance sheet of Polytex India is weak, but was strong historically.
Is the profitablity of Polytex India improving?
The profit is oscillating. The profit of Polytex India is -₹0.16 Crs for Mar 2024, -₹0.07 Crs for Mar 2023 and -₹0.75 Crs for Mar 2022
Is Polytex India stock expensive?
Polytex India is expensive when considering the Price to Book, however latest PE is < 3 yr avg PE. Latest PE of Polytex India is 0.0 while 3 year average PE is 13.11. Also latest Price to Book of Polytex India is 2.42 while 3yr average is 1.34.
Has the share price of Polytex India grown faster than its competition?
Polytex India has given lower returns compared to its competitors. Polytex India has grown at ~-3.52% over the last 10yrs while peers have grown at a median rate of 8.65%
Is the promoter bullish about Polytex India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Polytex India is 36.36% and last quarter promoter holding is 36.36%.
Are mutual funds buying/selling Polytex India?
There is Insufficient data to gauge this.