Profit improves, but liquidity and business continuity risks remain
DIGJAMLMTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 1.8 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Digjam's unaudited Q2 revenue rose 33.1 percent to Rs 992.66 lakh, and net profit was Rs 135.66 lakh versus a Rs 174.29 lakh loss. Six-month revenue fell 18.7 percent to Rs 1,413.99 lakh, but profit was Rs 218.09 lakh. Operating cash flow was negative Rs 32.13 lakh. Current liabilities exceeded current assets by Rs 1,971.80 lakh, raising doubts about business continuity. The Jamnagar plant remains closed and related assets are held for sale.
Profit recovery may support sentiment, but weak liquidity, high debt, negative cash flow and stopped plant operations could pressure the stock.