Is Clenon Enterpri overvalued or undervalued?

As of November 5, 2024, Clenon Enterprises is considered risky and overvalued with a negative PE ratio of -38.57 and a negative ROCE of -1.52%, indicating significant financial distress compared to peers like Havells India Ltd. and Polycab India Ltd., despite a recent stock performance that outpaced the Sensex.

As of 5 November 2024, the valuation grade for Clenon Enterprises has moved from does not qualify to risky. The company is currently considered overvalued, given its negative PE ratio of -38.57, an EV to EBIT of -45.99, and a ROCE of -1.52%. These ratios indicate significant financial distress compared to its peers. For instance, Havells India Ltd. has a PE ratio of 64.84, while Polycab India Ltd. stands at 45.49, highlighting the stark contrast in valuation metrics within the industry.<BR><BR>In comparison to its peers, Clenon Enterprises exhibits concerning financial health, with a PEG ratio of 0.00 and a negative ROE of -2.46%. The company’s current price of 47.00, while reflecting a recent increase, does not align with the fundamental ratios that suggest it is overvalued in the current market context. Notably, the company's stock has outperformed the Sensex over the past week, returning 4.98% compared to the Sensex's 1.41%, but this short-term performance does not mitigate the overall valuation concerns.

What is the technical trend for Clenon Enterpri?

As of May 27, 2025, Clenon Enterprises shows a mildly bullish trend, supported by bullish weekly and monthly MACD and daily moving averages, despite mixed signals from the RSI and KST indicators.

As of 27 May 2025, the technical trend for Clenon Enterpri has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is also bullish, indicating positive momentum. The weekly RSI is bullish, but the monthly RSI is bearish, suggesting mixed signals in strength. Bollinger Bands show a mildly bullish stance on the weekly chart and bullish on the monthly. Daily moving averages are bullish, supporting the current price action. However, the KST is mildly bearish on the weekly but bullish on the monthly, and both the weekly and monthly OBV indicate no trend and bullish, respectively. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and daily moving averages.

Who are in the management team of Clenon Enterpri?

As of March 2018, the management team of Clenon Enterpri includes G R Reddy (Chairman & Managing Director), S R Govinda Rajan, A Ranganayakulu, P Ramesh Babu, G V B R Reddy (all Non Executive Independent Directors), and C Mariamma (Nominee Director - APIDC).

As of March 2018, the management team of Clenon Enterpri includes the following members:<BR><BR>1. G R Reddy - Chairman & Managing Director<BR>2. S R Govinda Rajan - Non Executive Independent Director<BR>3. A Ranganayakulu - Non Executive Independent Director<BR>4. P Ramesh Babu - Non Executive Independent Director<BR>5. G V B R Reddy - Non Executive Independent Director<BR>6. C Mariamma - Nominee Director - APIDC<BR><BR>These individuals form the board of directors for the company.

What does Clenon Enterpri do?

Clenon Enterprises Ltd manufactures polythene insulated jelly filled underground telecom cables and various types of power cables, operating as a Micro Cap company in the Telecom - Equipment & Accessories industry. Its market cap is INR 40 Cr, with no recent sales or profit data available.

Overview: <BR>Clenon Enterprises Ltd is engaged in the manufacture of polythene insulated jelly filled underground telecom cables, switch board cables, and domestic flexible and PVC power and control cables, operating within the Telecom - Equipment & Accessories industry and classified as a Micro Cap company.<BR><BR>History: <BR>The incorporation year is not specified in the provided data. There are no noted status changes, and revenue and profit data are not available for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 40 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 7 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.93 <BR>Return on Equity: -2.46% <BR>Price to Book: 5.05<BR><BR>Contact Details: <BR>Address: 36 Santhosh Nagar, Mehdipatnam Hyderabad Telangana : 500028 <BR>Tel: 91-040-23521246/23521276 <BR>Email: grcablesltd@gmail.com

Who are the top shareholders of the Clenon Enterpri?

The top shareholder of Clenon Enterpri is Srinivas Pagadala, owning 87.29% of the shares, while individual investors hold 6.3%. There are no mutual funds, foreign institutional investors, or pledged promoter holdings.

The top shareholder of Clenon Enterpri is Srinivas Pagadala, who holds a substantial 87.29% of the company's shares. The majority of the remaining shares are held by individual investors, who collectively own 6.3%. There are no mutual funds or foreign institutional investors involved in the company's shareholding. Additionally, there are no pledged promoter holdings, indicating a strong commitment from the promoters.

When is the next results date for Clenon Enterpri?

Clenon Enterpri is scheduled to declare its results on 14 November 2025.

Clenon Enterpri is scheduled to declare its results on 14 November 2025.

Why is Clenon Enterpri falling/rising?

As of 13-Nov, Clenon Enterprises Ltd is priced at Rs. 51.81, having reached a new high but showing erratic trading patterns and declining fundamentals. Despite recent short-term gains, concerns about its long-term stability and high debt levels suggest caution for investors.

As of 13-Nov, Clenon Enterprises Ltd is currently priced at Rs. 51.81, showing no change (0.00%). The stock reached a new 52-week and all-time high today, having opened with a gain of 10.23%. It has outperformed its sector by 9.72% today, and is trading above all key moving averages. However, the stock has not traded on five days out of the last twenty, indicating erratic trading patterns. Additionally, there are concerns regarding its long-term fundamental strength, as it has not traded in the last 38 days, and its net sales have declined at an annual rate of -1.70% over the past five years. The company also has a high debt-to-equity ratio and has shown flat results in its most recent financial report.<BR><BR>In the broader market context, the Sensex has increased by 1.40% over the past week and 2.61% over the past month, suggesting a positive market environment. However, Clenon Enterprises Ltd's lack of trading activity and declining investor participation, with a significant drop in delivery volume, raises concerns about its stability and attractiveness to investors. While the stock has reached a high today, the overall weak long-term fundamentals and the risky trading behavior may overshadow its short-term gains, making it a cautious investment in the current market landscape.

Which are the latest news on Clenon Enterpri?