Panasonic Energy India receives 'Hold' rating from MarketsMOJO based on strong financials.

Panasonic Energy India Company, a microcap company in the battery industry, has recently received a 'Hold' rating from MarketsMOJO on November 25, 2024. This upgrade is based on the company's low Debt to Equity ratio, which is currently at 0 times, and its positive financial results for the past 6 consecutive quarters.
The company's operating cash flow has been consistently high, with the highest at Rs 26.87 crore. Its profits have also shown significant growth, with a 35.21% increase in the last half year. Additionally, the company's Return on Capital Employed (ROCE) is at its highest at 17.52%, indicating efficient use of capital.

With a ROE of 13.2, the company's valuation is considered very attractive, with a price to book value of 3.2. The stock is currently trading at a discount compared to its historical valuations, making it a potentially good investment opportunity.

In the past year, the stock has generated a return of 15.90%, while its profits have risen by a staggering 1406%. This results in a PEG ratio of 0, indicating that the stock is undervalued.

The majority shareholders of Panasonic Energy India Company are its promoters, which can be seen as a positive sign for investors. However, the company has shown poor long-term growth, with an annual rate of -199.59% for its operating profit over the last 5 years.

Technically, the stock is currently in a mildly bearish range, with indicators such as RSI, MACD, and KST all pointing towards a bearish trend. Additionally, the stock has underperformed the market in the last year, with a return of 15.90% compared to the market's return of 27.32%.

Overall, while Panasonic Energy India Company has shown positive financial results in the short term, its long-term growth and technical indicators suggest a cautious approach for investors. The 'Hold' rating from MarketsMOJO reflects this sentiment.