Atal Realtech Receives 'Hold' Rating from MarketsMOJO, Technical Factors and Valuation Key Contributors

Atal Realtech, a microcap company in the capital goods industry, has recently received a 'Hold' rating from MarketsMOJO on October 7, 2024. This upgrade comes as the stock has shown a technical improvement from a Mildly Bearish trend to a Mildly Bullish one since October 1, 2024, resulting in a -5.05% return.
One of the key technical factors contributing to this upgrade is the Bollinger Band, which has been Bullish since October 1, 2024. Additionally, the company's ROCE (Return on Capital Employed) stands at 10.1, making it an attractive valuation with a 2.3 Enterprise value to Capital Employed.

While the stock has generated a negative return of -41.67% in the past year, its profits have increased by 3%. However, the company has shown poor long-term growth with a -6.60% annual growth rate in Net Sales over the last 5 years.

In the latest quarter, the company's results have been flat with a -62.6% decrease in PAT (Profit After Tax) and the lowest PBDIT (Profit Before Depreciation, Interest, and Taxes) and PBT (Profit Before Tax) minus OI (Other Income) at Rs 0.61 cr and Rs 0.12 cr respectively.

Despite the overall market (BSE 500) generating a positive return of 33.39% in the last year, Atal Realtech has significantly underperformed with a negative return of -41.67%. The majority shareholders of the company are non-institutional investors.

Based on these facts, MarketsMOJO has upgraded the stock to a 'Hold' rating, indicating a neutral stance for investors. It is important to note that this article is not a recommendation to buy or sell the stock, but rather a factual analysis of the company's current performance.