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LEMERITELe Merite Exports Limited

Consumer Durable · Textile Manufacturing · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

20.32
3.05%
28Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)255.20
P/E22.16
P/B1.93
PEG0.03
ROE %8.60
ROCE %5.30
Debt / Equity0.66
EPS0.92
Revenue Growth %-23.10
Profit Growth %700.00
Dividend Yield %0.00
Promoter Holding %
FII Holding %
DII Holding %
Beta-0.25

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on LEMERITE — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 71%

Why avoid

  • Overall evidence is weak (AlgoScore 28/100)
  • Revenue growth: -23.1% YoY
  • ROE: 8.6%
  • RSI: 25
  • Price vs EMA21: below

Bull case

  • Profit growth: 700.0% YoY
  • Debt/Equity: 0.66
  • Valuation vs sector: P/E 22.2 vs sector 30.7
  • MACD: bullish

Bear case

  • Revenue growth: -23.1% YoY
  • ROE: 8.6%
  • RSI: 25
  • Price vs EMA21: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • Revenue growth: -23.1% YoY
  • ROE: 8.6%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹20.32
Stop Loss
₹19.32
risk 4.9%
Target 1 (1.5R)
₹21.81
+7.3%
Target 2 (3R)
₹23.31
+14.7%
Support (20d)
₹19.52
Resistance (52w)
₹107.57
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹1.00/share
ATR (volatility)
₹1.80
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹1.80). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
52
Technical
28
Momentum
4
Risk (safety)
17

Peers — Consumer Durable

STYLAMIND 2.82%
81
SENCO 3.06%
81
BUILDPRO 1.52%
81
SKYGOLD 0.39%
80
TBZ 1.61%
80
HAWKINCOOK 2.74%
77

About

Le Merite Exports Limited, together with its subsidiaries, engages in the manufacturing, purchase, and sale of textile in India and internationally. It offers cotton, cotton blended, and synthetic yarns; greige and finished fabrics; and weaving job units, such as machinery details. The company was incorporated in 2003 and is headquartered in Mumbai, India.