MarketsMOJO Upgrades Unique Organics to 'Buy' Rating: Strong Growth and Bullish Outlook

Unique Organics, a microcap company in the miscellaneous industry, has recently received a 'Buy' rating from MarketsMOJO. This upgrade comes as no surprise, considering the company's impressive performance in the past few years.
One of the main reasons for the 'Buy' rating is the company's healthy long-term growth. Unique Organics has shown consistent growth in net sales, with an annual rate of 44.10%. Its operating profit has also seen a significant increase of 59.43%. This indicates a strong and stable financial performance.

Moreover, the company has declared positive results for the last 10 consecutive quarters. Its PBDIT (quarterly) has reached a high of Rs 4.92 crore, while PBT LESS OI (quarterly) and PAT (quarterly) have also seen significant growth, reaching highs of Rs 4.83 crore and Rs 3.81 crore, respectively.

From a technical standpoint, the stock is currently in a bullish range. The technical trend has improved from mildly bullish to bullish on 19-Nov-24. Multiple factors, such as MACD, Bollinger Band, KST, and OBV, also indicate a bullish outlook for the stock.

In terms of valuation, Unique Organics is trading at a very attractive price to book value of 3.3. This is a discount compared to its average historical valuations. Additionally, the company's return on equity (ROE) is at an impressive 36%.

The stock has also shown consistent returns over the last 3 years, outperforming the BSE 500 index in each of the last 3 annual periods. In the past year alone, the stock has generated a return of 123.62%, while its profits have risen by 244.7%. This is reflected in the company's low PEG ratio of 0.

It is worth noting that the majority of the company's shareholders are non-institutional, indicating a strong belief in the company's potential among individual investors.

In conclusion, Unique Organics is a company with a strong financial performance, a bullish technical outlook, and attractive valuations. With consistent returns and a positive track record, it is no surprise that MarketsMOJO has upgraded its stock call to 'Buy'. Investors looking for a promising microcap company in the miscellaneous industry should definitely keep an eye on Unique Organics.