CG-VAK Software & Exports Receives 'Hold' Rating from MarketsMOJO, Shows Strong Management Efficiency and Long-Term Growth

CG-VAK Software & Exports, a microcap IT software company, has recently received a 'Hold' rating from MarketsMOJO on February 19, 2024. This upgrade is based on the company's high management efficiency, with a ROE of 19.61%, and a low Debt to Equity ratio of 0 times. The company has also shown healthy long-term growth, with an annual operating profit growth rate of 46.14%.
Technically, the stock is currently in a Mildly Bullish range, with an improved trend from Sideways on February 14, 2024. Since then, the stock has generated a return of -4.87%. The Bollinger Band and OBV technical factors also indicate a Mildly Bullish trend.

With a ROE of 19.4, the stock is fairly valued with a Price to Book Value of 3.6. However, it is currently trading at a premium compared to its average historical valuations. In the past year, the stock has generated a return of 19.47%, but its profits have fallen by -18%.

The majority shareholders of CG-VAK Software & Exports are the promoters of the company. However, the company reported negative results in December 2023, with a -32.86% growth in PAT (HY) and the lowest ROCE (HY) at 25.24%. The company also has the lowest CASH AND CASH EQUIVALENTS (HY) at Rs 9.20 cr.

In the last year, the stock has underperformed the market, with a return of 19.47% compared to the market (BSE 500) returns of 34.09%. Investors should carefully consider these factors before making any investment decisions regarding CG-VAK Software & Exports.