Empower India Receives 'Buy' Rating from MarketsMOJO, Shows Impressive Growth and Bullish Trend

Empower India, a microcap trading company, has recently received a 'Buy' rating from MarketsMOJO. This upgrade comes as a result of the company's healthy long-term growth, with an annual growth rate of 328.50% in net sales and 120.91% in operating profit. In fact, the company has declared positive results for the last four consecutive quarters, with a net profit growth of 22.72% in June 2024. The stock is also showing a bullish trend, with technical indicators such as MACD, Bollinger Band, and KST all pointing towards a positive outlook. Additionally, the stock is currently trading at a fair valuation with a price to book value of 1, which is lower than its historical average. Empower India has also outperformed the market, with a return of 231.51% in the last year compared to the market's return of 39.36%. This impressive performance can be attributed to the company's strong financials, with profits rising by 676% in the past year. However, there are some risks to consider when investing in Empower India. The company has a low return on equity of 0.16%, indicating poor management efficiency. Additionally, the company has a high debt to EBITDA ratio of 10.20 times, which may affect its ability to service debt in the future. Overall, Empower India is a promising microcap company with a strong track record of growth and positive financials. With a 'Buy' rating from MarketsMOJO, it may be a good addition to any investment portfolio.