Syncom Formulations (India) Ltd

264
Date 12.05.2025
Syncom Formulations
Timeframe : Day Chart

Remarks ::

Wait for the price to breakout from ichimoku cloud & 200 exponential moving average
Potential upside from breakout is 20%

About ::

Established in the year 1995, Syncom Formulations is a global pharmaceutical company that manufactures and markets a broad range of healthcare products. The company is a generic pharmaceutical player operating in more than 15 countries worldwide having more than 400 products registered

Some Areas Of Concern ::

Stock is trading at 4.96 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
The company has delivered a poor sales growth of 6.60% over past five years.
Company has a low return on equity of 8.77% over last 3 years.
Dividend payout has been low at 4.36% of profits over last 3 years

Regards,
Ankur

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