GROVY.BO
Price:
$50.35
Market Cap:
$671.48M
Grovy India Ltd. engages in the construction of real estate and share trading activity. It operates through the following segments: Construction Business, Shares Trading, and Others. The Construction Business segment focuses on construction activity. The Shares Trading segment includes trading of shares, commodities, and other financial instruments. The company was founded in 1985 and is headquartered in New Delhi, India.
Industry
Real Estate - Development
IPO Date
Stock Exchange
BSE
Ticker
GROVY.BO
According to Grovy India Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.85. This represents a change of 98.97% compared to the average of 0.93 of the last 4 quarters.
The mean historical Current Ratio of Grovy India Limited over the last ten years is 2.11. The current 1.85 Current Ratio has changed 8.69% with respect to the historical average. Over the past ten years (40 quarters), GROVY.BO's Current Ratio was at its highest in in the September 2023 quarter at 5.94. The Current Ratio was at its lowest in in the December 2015 quarter at 0.
Average
2.11
Median
2.14
Minimum
0.92
Maximum
2.89
Discovering the peaks and valleys of Grovy India Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 76.74%
Maximum Annual Current Ratio = 2.89
Minimum Annual Increase = -35.17%
Minimum Annual Current Ratio = 0.92
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.87 | -35.17% |
| 2024 | 2.89 | 15.02% |
| 2023 | 2.51 | -11.02% |
| 2022 | 2.82 | 7.83% |
| 2021 | 2.62 | 41.93% |
| 2020 | 1.85 | -23.58% |
| 2019 | 2.41 | 53.59% |
| 2018 | 1.57 | -2.90% |
| 2017 | 1.62 | 76.74% |
| 2016 | 0.92 | -34.21% |
The current Current Ratio of Grovy India Limited (GROVY.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.43
5-year avg
2.54
10-year avg
2.11
Grovy India Limited’s Current Ratio is greater than Rodium Realty Limited (1.64), less than Prime Property Development Corporation Limited (3.30), less than Citadel Realty and Developers Limited (2.28), less than Country Condo's Limited (2.58), less than Country Condo's Limited (2.58), greater than BSEL Algo Ltd. (1.77), greater than Tirupati Sarjan Limited (1.58), greater than Modipon Limited (0.08), less than Simplex Realty Limited (26.20), less than Real Eco-Energy Ltd. (7.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.64 | $528.60M | |
| 3.30 | $460.59M | |
| 2.28 | $405.37M | |
| 2.58 | $450.06M | |
| 2.58 | $446.96M | |
| 1.77 | $499.78M | |
| 1.58 | $374.20M | |
| 0.08 | $485.64M | |
| 26.20 | $505.54M | |
| 7.68 | $495.00M |
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What is the Current Ratio?
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