Fiberweb (India) Upgraded to 'Hold' Rating by MarketsMOJO, Showing Bullish Trend and Low Debt Ratio

Fiberweb (India), a microcap textile company, has recently been upgraded to a 'Hold' rating by MarketsMOJO. This decision was based on the company's low Debt to Equity ratio, which is currently at 0 times. The stock is also showing a bullish trend, with technical indicators such as MACD, Bollinger Band, and KST all pointing towards a positive outlook.
The majority shareholders of Fiberweb (India) are non-institutional investors, and the stock has outperformed the market (BSE 500) with a return of 48.09% in the last year, compared to the market's 35.30% return.

However, the company's management efficiency is a cause for concern, with a low Return on Equity (ROE) of 7.55%. This indicates that the company is not generating enough profits per unit of shareholders' funds. Additionally, the company has shown poor long-term growth, with a decline in net sales and operating profit over the last 5 years.

Fiberweb (India) has also reported negative results for the last 5 consecutive quarters, with a decline in profits and a low ROCE (Return on Capital Employed) of 5.33%. The stock is currently trading at a high valuation, with a price to book value of 0.7, making it a relatively expensive investment.

Despite the stock's strong performance in the past year, its profits have only risen by 756%, resulting in a PEG ratio of 0. This suggests that the stock may be overvalued compared to its historical average. Investors should carefully consider these factors before making any investment decisions regarding Fiberweb (India).