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MARKET DEPTH

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Quality Foils India Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Net Profit,rose 6.19% in the last year to ₹1.42 Cr. Its sector's average net profit growth for the last fiscal year was 19.82%.
notePrice to Earning Ratio,is 14.16, lower than its sector PE ratio of 29.08.
noteInterest Coverage Ratio,is 2.8, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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LONG-TERM PRICE ANALYSIS

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Quality Foils (India) Limited is manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes. The company uses raw material of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar, Hissar. It is one of the growing manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes in India having over thirty years of experience in the manufacturing of stainless-steel products in two broad categories: i. Cold Rolled Stainless Steel Coils/Strips; ii. Stainless Steel Flexible Hose Pipes. Under its brand name ‘Quality’, it supplies its Products i.e. Cold Rolled Stainless Steel Coils/Strips in for manufacture of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses and Automobile components and Flexible Hose pipes to major applications such as high temp medium pressure for Hydraulic Oil, Hot Water, Steam Gas applications, chemical resistant, exhaust systems of steel, power, petrochemical, sugar, automobile and many other heavy engineering sectors.
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