Kriti Nutrients Receives 'Buy' Rating from MarketsMOJO, Shows Strong Performance and Attractive Valuations

Kriti Nutrients, a microcap company in the refined oil and vanaspati industry, has recently received a 'Buy' rating from MarketsMOJO. This upgrade comes as the company has shown positive results for the last 6 consecutive quarters and has a low Debt to Equity ratio of 0.07 times.
The company's PAT (9M) has grown at an impressive rate of 140.90%, while its operating profit to net sales (Q) is at a high of 11.15%. Additionally, its PBT less OI (Q) has also seen a growth of 57.3%. These factors, along with a ROE of 27.5 and a price to book value of 3.8, make the stock an attractive investment option.

Technically, the stock is in a bullish range and has shown improvement from mildly bullish to bullish on 02-May-24. Multiple indicators such as MACD, Bollinger Band, and KST also suggest a bullish trend for the stock.

In the past year, Kriti Nutrients has outperformed the market (BSE 500) with a return of 151.89%, while its profits have risen by 125.9%. This impressive performance has resulted in a PEG ratio of 0.1, indicating that the stock is undervalued compared to its historical valuations.

However, there are some risks associated with investing in Kriti Nutrients. The company has shown poor long-term growth with a net sales growth rate of only 6.59% and an operating profit growth rate of 11.35% over the last 5 years. Additionally, despite being a microcap company, domestic mutual funds hold only 0% of the company, which could indicate a lack of confidence in the stock.

Overall, Kriti Nutrients has shown strong performance and has the potential for future growth. With a 'Buy' rating from MarketsMOJO and attractive valuations, it could be a good investment opportunity for those looking to invest in the refined oil and vanaspati industry. However, investors should also consider the risks associated with the company before making any investment decisions.