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MARKET DEPTH

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LOWER/UPPER CIRCUITS

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Mirc Electronics Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Net Profit,rose 96.3% in the last year to ₹2.3 Cr. Its sector's average net profit growth for the last fiscal year was 13.82%.
noteQuarterly Net profit,rose 102.31% YoY to ₹1.18 Cr. Its sector's average net profit growth YoY for the quarter was 23.93%.
noteDebt to Equity Ratio,of 0.81 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : -2.98%
Net profit growth 5Y CAGR : 12.47%
Mirc Electronics commenced its journey in 1981. Starting with a goal of manufacturing televisions sets it transformed into a complete consumer durable company with a wide product portfolio including Flat panel TVs (LED LCD TVs) Air Conditioners Washing Machines Microwave Ovens DVD Home Theatre systems Mobile phones Projector systems and LED lights. Onida has been an enduring brand in the Indian Consumer Durable space and has won the trust of millions of consumers with its high quality products.
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