Intrasoft Technologies Receives 'Hold' Rating from MarketsMOJO, Technical Indicators Show Bullish Signals

Intrasoft Technologies, a microcap company in the BPO/ITeS industry, has recently received a 'Hold' rating from MarketsMOJO on February 7, 2024. This upgrade comes as the stock has shown a bullish trend and has generated a return of -2.56% since February 6, 2024.
The technical indicators for the stock, such as MACD, Bollinger Band, KST, and OBV, are all showing bullish signals. Additionally, with a ROCE of 6.5, the stock is currently trading at a discount compared to its historical valuations. However, the company's profits have fallen by -12% in the past year, despite generating a return of 21.28%.

The majority shareholders of Intrasoft Technologies are non-institutional investors. The company's long-term fundamental strength is weak, with a -3.24% CAGR growth in operating profits over the last 5 years. Its ability to service debt is also poor, with a low EBIT to Interest ratio of 1.57. Furthermore, the company has a low Return on Equity of 4.63%, indicating low profitability per unit of shareholders' funds.

In the latest quarter, the company's operating cash flow was at its lowest at Rs 14.12 crore, while its interest expenses have grown by 65.02%. The company's cash and cash equivalents were also at their lowest at Rs 2.53 crore in the last half-year.

In the past year, Intrasoft Technologies has underperformed the market, generating a return of 21.28% compared to the market's return of 34.02%. With these factors in mind, MarketsMOJO has upgraded the stock to a 'Hold' rating. Investors should carefully consider these factors before making any investment decisions.