Mayur Floorings Receives 'Hold' Rating from MarketsMOJO, Attractive Valuation and Promoter Confidence Boost Stock

Mayur Floorings, a microcap company in the mining and minerals industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the stock has shown a bullish trend and has improved technically since October 28, 2024.
One of the key factors contributing to the 'Hold' rating is the stock's attractive valuation. With a ROCE of 3.7 and an enterprise value to capital employed ratio of 1.4, the stock is currently trading at a discount compared to its historical valuations. However, despite generating a return of 27.59% in the past year, the company's profits have fallen by 0%, resulting in a PEG ratio of 0.

Another positive sign for Mayur Floorings is the increasing confidence of its promoters. They have recently increased their stake in the company by 2.23%, currently holding 48.98% of the company. This indicates a strong belief in the future of the business.

However, the company's long-term fundamental strength is weak, with a CAGR growth of only 1.55% in operating profits over the last 5 years. Additionally, its ability to service debt is poor, with an EBIT to interest ratio of 0.11. The company's return on equity is also low at 0.52%, indicating low profitability per unit of shareholders' funds.

In the latest quarter, the company's results have remained flat. While the stock may have potential for growth in the future, it is currently recommended to hold onto it, considering the current market conditions and the company's financial performance.