Likhitha Infrastructure Receives 'Hold' Rating from MarketsMOJO, Shows Strong Financial Position and Healthy Growth

Likhitha Infrastructure, a smallcap company in the capital goods 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 strong financial position. Additionally, the company has displayed healthy long-term growth with a 27.05% annual increase in Net Sales and 18.35% in Operating profit.
Technically, the stock is in a Mildly Bullish range and has shown improvement from a Sideways trend on 28-Oct-24. The KST and OBV technical factors are also Bullish, further supporting the 'Hold' rating.

With a ROE of 21.2, the stock is fairly valued with a Price to Book Value of 4.4. It is currently trading at a fair value compared to its historical valuations. In the past year, the stock has generated a return of 15.50%, while its profits have risen by 6.7%. The PEG ratio of the company is 3, indicating a moderate growth potential.

Institutional investors have also shown an increasing interest in Likhitha Infrastructure, with a 0.84% increase in their stake over the previous quarter. These investors have better resources and capabilities to analyze the fundamentals of companies, making their participation a positive sign for the company.

However, the company's performance in Jun 24 was flat, with the lowest ROCE(HY) at 29.41%. It has also underperformed the market in the last year, with a return of 15.50% compared to the market's (BSE 500) return of 34.46%.

Overall, with a strong financial position and healthy long-term growth, Likhitha Infrastructure is a company to watch out for in the capital goods industry. While it may have underperformed in the past year, the increasing interest from institutional investors and fair valuation make it a 'Hold' for now.