Bansal Roofing Products Receives 'Sell' Rating from MarketsMOJO, Flat Results in December 2023

Bansal Roofing Products, a microcap company in the construction material industry, has recently received a 'Sell' rating from MarketsMOJO on March 5th, 2024. This downgrade is based on the company's flat results in December 2023, with PBDIT(Q) at its lowest of Rs 1.47 crore, PBT LESS OI(Q) at Rs 1.00 crore, and EPS(Q) at Rs 0.58.
In addition to these factors, the technical trend for the stock is currently sideways, indicating no clear price momentum. This trend has worsened since March 5th, 2024, with a -2.3% return since then.

However, Bansal Roofing Products does have some positive aspects. The company has a high management efficiency with a ROCE of 20.81%, and a strong ability to service debt with a low Debt to EBITDA ratio of 0.80 times.

Furthermore, the stock is currently trading at a discount compared to its average historical valuations, with a Fair valuation of 4 Enterprise value to Capital Employed and a PEG ratio of 5.1.

It is worth noting that the majority shareholders of Bansal Roofing Products are the promoters themselves.

Overall, while the stock has generated a return of 41.80% over the past year, its profits have only risen by 4.8%. With the recent downgrade from MarketsMOJO and the flat results in December 2023, investors may want to consider the company's financial performance and future prospects before making any investment decisions.