La Tim Metal & Industries Receives 'Sell' Rating from MarketsMOJO Due to High Debt and Bearish Trend
La Tim Metal & Industries, a microcap company in the miscellaneous industry, has recently received a 'Sell' rating from MarketsMOJO on August 19, 2024. This downgrade is due to several factors that indicate a bearish trend for the stock.One of the main reasons for the 'Sell' rating is the company's high debt to equity ratio, which stands at 2.39 times on average. This indicates that the company has a significant amount of debt, which can be a cause for concern for investors.
Additionally, the technical trend for the stock has deteriorated from 'Mildly Bullish' to 'Mildly Bearish' on August 16, 2024. This is supported by multiple factors such as MACD, Bollinger Band, and KST, all of which are indicating a bearish trend for the stock.
Moreover, with a ROCE of 9.1, the stock is currently trading at an expensive valuation with a 2.9 Enterprise value to Capital Employed. However, it is worth noting that the stock is currently trading at a discount compared to its average historical valuations.
On a positive note, the company has shown healthy long-term growth with an annual growth rate of 220.87% in net sales and 61.72% in operating profit. In addition, the company's performance in September 2023 has been impressive, with the highest net sales, PBDIT, and PAT in the quarter.
It is also worth mentioning that the majority shareholders of La Tim Metal & Industries are promoters, which can be seen as a positive sign for the company's stability and growth potential.
Despite the recent downgrade, the stock has outperformed the market (BSE 500) with a return of 50.96% in the last year, compared to the market's return of 37.46%. However, it is important to note that the company's profits have only increased by 273.1% in the same period, resulting in a low PEG ratio of 0.2.
In conclusion, while La Tim Metal & Industries has shown strong growth and performance in the past, the current high debt and bearish technical trend make it a 'Sell' according to MarketsMOJO. Investors should carefully consider these factors before making any investment decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
