IST Receives 'Hold' Rating from MarketsMOJO, Shows Stable Financial Position and Positive Technical Trend

IST, a smallcap company in the auto ancillary industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has shown a low Debt to Equity ratio, indicating a stable financial position. Additionally, the stock is currently in a Mildly Bullish range and the technical trend has improved from Sideways on 18-Nov-24. The Bollinger Band, a key technical factor, has also been Bullish since 18 Nov 2024.
However, IST has shown poor long-term growth with an annual rate of -5.01% in Operating profit over the last 5 years. The company's results for Sep 24 were also flat. On a positive note, the company's INTEREST(HY) has grown at a significant rate of 86.03% and its OPERATING CF(Y) is at its lowest at Rs 5.39 Cr. NON-OPERATING INCOME(Q) also makes up 69.98% of Profit Before Tax (PBT).

With a ROE of 10.9, IST currently has a Very Expensive valuation with a 0.8 Price to Book Value. The stock is trading at a premium compared to its average historical valuations. However, over the past year, while the stock has generated a return of 28.32%, its profits have risen by 44.3%. The PEG ratio of the company is also at a low 0.2.

Despite being a smallcap company, domestic mutual funds hold only 0% of IST. This could signify that they are not comfortable with the current price or the business, as domestic mutual funds have the capability to conduct in-depth research on companies. Overall, while IST may have some positive indicators, it is important to consider all factors before making any investment decisions.