Kabra Extrusion Technik Downgraded to 'Sell' by MarketsMOJO, Underperforms in Market.

Kabra Extrusion Technik, a smallcap company in the engineering industry, has recently been downgraded to a 'Sell' by MarketsMOJO on September 11, 2024. This decision was based on the company's negative financial results in June 2024, with a significant decrease in profits and a low return on capital employed.
The stock is currently in a Mildly Bearish range, with a deteriorating technical trend since September 11, 2024, resulting in a -2.34% return. The Bollinger Band and KST technical factors also indicate a bearish trend.

Despite being a smallcap company, domestic mutual funds hold only 0.03% of the company, which could suggest that they are not comfortable with the company's current price or business.

In the last year, while the market (BSE 500) has generated a return of 32.75%, Kabra Extrusion Technik has significantly underperformed with a negative return of -18.94%.

On a positive note, the company has a low Debt to Equity ratio and a healthy long-term growth rate of 45.67% in operating profit. It also has an attractive valuation with a price to book value of 3.1, trading at a discount compared to its historical valuations. However, its profits have fallen by -23.2% in the past year.

In conclusion, with the recent downgrade to 'Sell' and underperformance in the market, investors may want to carefully consider their investment in Kabra Extrusion Technik.