Anuh Pharma's Stock Upgraded to 'Buy' by MarketsMOJO, Showing Strong Financials and Positive Indicators

Aug 08 2024 06:40 PM IST
share
Share Via
Anuh Pharma, a smallcap pharmaceutical company, has been upgraded to a 'Buy' by MarketsMojo on August 8, 2024. This is due to its low Debt to Equity ratio, consistent positive results, and bullish technical indicators. The stock is also attractively valued and has shown strong growth potential. However, the lack of confidence from domestic mutual funds may pose a risk for investors.
Anuh Pharma, a smallcap pharmaceutical company, has recently caught the attention of investors as its stock has been upgraded to a 'Buy' by MarketsMOJO on August 8, 2024. This upgrade comes with several positive factors that make it a promising investment opportunity.

One of the key reasons for the 'Buy' recommendation is the company's low Debt to Equity ratio, which is currently at 0 times. This indicates a strong financial position and stability for the company. Additionally, Anuh Pharma has consistently delivered positive results for the last 4 quarters, with a significant growth of 82.09% in its PAT (HY) at Rs 34.47 crore.

From a technical standpoint, the stock is currently in a bullish range and has shown improvement in its trend from mildly bullish on August 8, 2024. This is supported by multiple factors such as MACD, Bollinger Band, and KST, all of which are bullish indicators.

Moreover, with a ROE of 20.6 and a price to book value of 4.2, the stock is considered to be attractively valued. It is also trading at a fair value compared to its historical valuations. In the past year, the stock has generated a return of 83.13%, while its profits have increased by 65.9%. This is reflected in the company's low PEG ratio of 0.3, which indicates its growth potential.

However, there are some risks associated with investing in Anuh Pharma. Despite being a smallcap company, domestic mutual funds hold only 0% of the company, which may indicate their lack of confidence in the stock or its business. As mutual funds have the capability to conduct in-depth research, this could be a red flag for some investors.

In conclusion, Anuh Pharma's recent upgrade to a 'Buy' by MarketsMOJO, along with its strong financials, positive technical indicators, and attractive valuation, make it a promising investment opportunity. However, investors should also consider the risks associated with the stock before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News