Atal Realtech Receives 'Hold' Rating from MarketsMOJO, Shows Bullish Technical Trend and Fair Valuation

Atal Realtech, a microcap company in the capital goods industry, has recently received a 'Hold' rating from MarketsMOJO on October 21, 2024. This upgrade is based on the stock's technical trend, which has improved from Sideways to Mildly Bullish since October 15, 2024, resulting in a 10.1% return. The stock also shows multiple bullish factors such as Bollinger Band, KST, and OBV.
The company has a fair valuation with a ROCE of 10.1 and an Enterprise value to Capital Employed ratio of 2.6. However, its long-term growth has been poor, with a -6.60% annual growth rate in Net Sales over the last 5 years. In the latest quarter, the company's profits have risen by 3%, but its PAT(Q) has fallen by -62.6%, PBDIT(Q) at its lowest at Rs 0.61 cr, and PBT LESS OI(Q) at its lowest at Rs 0.12 cr.

Majority shareholders of Atal Realtech are non-institutional investors. The stock has underperformed the market (BSE 500) in the last 1 year, with a negative return of -28.12% compared to the market's positive return of 34.48%. Despite this, MarketsMOJO has upgraded the stock to 'Hold' based on its recent technical trend. Investors should carefully consider these factors before making any investment decisions.