SSelectStock

LEMERITELe Merite Exports Limited

Consumer Durable · Textile Manufacturing · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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.

21.11
1.93%
27Weak

Mkt Cap
₹265 Cr
P/E
96.0
P/B
2.3
Div Yield
0.00%
52W High
₹107.57
52W Low
₹19.52

Price & Volume

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Key Ratios

Market Cap (₹ cr)264.50
P/E95.95
P/B2.25
PEG0.92
ROE %8.60
ROCE %5.30
Debt / Equity0.67
EPS0.22
Revenue Growth %-18.70
Profit Growth %112.50
Dividend Yield %0.00
Promoter Holding %
FII Holding %
DII Holding %
Beta-0.24

“—” 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 74%

Why avoid

  • Overall evidence is weak (AlgoScore 27/100)
  • Revenue growth: -18.7% YoY
  • ROE: 8.6%
  • Price vs EMA21: below
  • Price vs SMA50: below

Bull case

  • Profit growth: 112.5% YoY
  • Debt/Equity: 0.67
  • PEG ratio: 0.92
  • MACD: fresh bullish crossover

Bear case

  • Revenue growth: -18.7% YoY
  • ROE: 8.6%
  • Price vs EMA21: below
  • Price vs SMA50: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: -18.7% YoY
  • ROE: 8.6%

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

Trade Plan

Entry (CMP)
₹21.11
Stop Loss
₹19.75
risk 6.4%
Target 1 (1.5R)
₹23.15
+9.7%
Target 2 (3R)
₹25.19
+19.3%
Support (20d)
₹19.95
Resistance (52w)
₹107.57
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹1.36/share
ATR (volatility)
₹1.15
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹1.15). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental40
Technical41
Momentum6
Risk (safety)10

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