Safari Industries (India) Limited manufactures and markets luggage and luggage accessories in India. The company offers printed, laptop, hard and soft luggage bags; school, laptop, office, college, anti-theft, tech, expandable storage, formal, adventure, and overnighters backpacks; accessories, such as sling bags, messenger bags, and neck pillows; and duffle bags. It sells its products under the Safari, Urban Jungle, and Genie brands through website and stores, as well as through e-commerce platforms. Safari Industries (India) Limited was incorporated in 1980 and is based in Mumbai, India.
Revenue projections:
Revenue projections for SAFARI Safari Industries (India) Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
currentRatio
0.000000
forwardPE
39.466114
debtToEquity
12.575000
earningsGrowth
0.137000
revenueGrowth
0.173000
grossMargins
0.456710
operatingMargins
0.117160
trailingEps
30.500000
forwardEps
0.000000
SAFARI's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health. With positive earnings and revenue growth, Safari Industries (India) Limited is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
Price projections:
Price projections for SAFARI Price projections for SAFARI have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for SAFARI's market trajectory.
Insider Transactions:
Insider Transactions for SAFARI
39 SAFARI transactions were recorded, when the market price was 2357.097424629407.There were no sell transactions recorded during the period under consideration.With more buys than sells around SAFARI's current price, there seems to be increased confidence among investors. This shift may indicate a favorable outlook, as the buying behavior suggests optimism for the stock's future growth or resilience.
Recommendation changes over time:
Recommendations trend for SAFARI
The recent buy bias from analysts suggests SAFARI is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, SAFARI appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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