Dutron Polymers Receives 'Sell' Rating from MarketsMOJO Due to Poor Growth and Financial Performance

Aug 05 2024 06:45 PM IST
share
Share Via
Dutron Polymers, a microcap company in the plastic products industry, received a 'Sell' rating from MarketsMojo on August 5th, 2024 due to its poor long-term growth and negative financial results. The stock is currently in a Mildly Bullish range, but its MACD and KST technical factors are Bullish. With a fair valuation and majority shareholders being promoters, investors should approach the company with caution.
Dutron Polymers, a microcap company in the plastic products industry, has recently received a 'Sell' rating from MarketsMOJO on August 5th, 2024. This downgrade is based on the company's poor long-term growth, with net sales only growing at an annual rate of 2.31% and operating profit at 0.31% over the last 5 years.

In addition, the company reported negative results in March 2024, with its net sales and operating profit at their lowest levels in the past quarter. This has raised concerns about the company's financial performance and its ability to generate profits.

Other factors contributing to the 'Sell' rating include the stock being in a Mildly Bullish range and its MACD and KST technical factors also being Bullish. However, with a ROCE of 12.2, the company has a fair valuation and a 3.3 Enterprise value to Capital Employed.

Despite the stock trading at a discount compared to its average historical valuations, it has only generated a return of 30.37% over the past year, while its profits have fallen by -5.8%. This raises concerns about the company's future potential and its ability to generate returns for investors.

It is worth noting that the majority shareholders of Dutron Polymers are its promoters, which may raise questions about the company's governance and decision-making processes. Overall, with the recent 'Sell' rating from MarketsMOJO and the company's poor financial performance, it may be wise for investors to approach Dutron Polymers with caution.
{{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