Kemistar Corporation Sees Revision in Stock Evaluation Amid Positive Financial Results Kemistar Corporation, a microcap player in the trading industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. This adjustment follows the company's positive financial results for September 2024, where net sales for the half-year reached Rs 7.39 crore, showcasing a significant growth rate. Additionally, the profit after tax for the nine-month period stood at Rs 0.45 crore, indicating a favorable performance. Currently, Kemistar Corporation is positioned within a bullish technical range, with various indicators such as MACD, Bollinger Bands, KST, and OBV signaling positive momentum. However, the company faces challenges in its long-term fundamentals, as evidenced by an average return on equity of 3.41% and a modest operating profit growth rate of 13.16% over the past five years. The management of debt remains a concern, highlighted by a low EBIT to interest ratio. In a notable development, Kemistar Corporation has been added to MarketsMOJO's list, reflecting its market-beating performance over various time frames, including an impressive 143.34% return over the past year. Despite these positive indicators, the stock's valuation appears expensive, with a return on capital employed of 4.7 and a high enterprise value to capital employed ratio.

Kemistar Corporation, a microcap player in the trading industry, has recently seen a revision in its stock evaluation by MarketsMOJO. The adjustment comes on the heels of positive financial results reported for September 2024, where net sales for the half-year reached Rs 7.39 crore, reflecting a significant growth rate. Additionally, the company's profit after tax for the nine-month period stood at Rs 0.45 crore, indicating a favorable performance.
The stock is currently positioned within a bullish technical range, with indicators such as MACD, Bollinger Bands, KST, and OBV all signaling positive momentum. Despite this, Kemistar Corporation faces challenges in its long-term fundamentals, evidenced by an average return on equity of 3.41% and a modest operating profit growth rate of 13.16% over the past five years. Furthermore, the company's ability to manage its debt remains a concern, highlighted by a low EBIT to interest ratio.

Notably, Kemistar Corporation has been added to MarketsMOJO's list, reflecting its market-beating performance over various time frames, including a remarkable 143.34% return over the past year. However, the stock's valuation appears expensive, with a return on capital employed of 4.7 and a high enterprise value to capital employed ratio.