Polycon International Receives 'Hold' Rating from MarketsMOJO, Attractive Valuation and Strong Shareholder Support.

Polycon International, a microcap company in the plastic products industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the stock has shown a bullish trend and improved technical indicators, such as MACD, KST, and OBV.
One of the main reasons for the 'Hold' rating is the company's attractive valuation, with a ROCE of 4.1 and a low enterprise value to capital employed ratio of 1.3. Additionally, the stock is currently trading at a discount compared to its historical valuations.

Over the past year, Polycon International has generated a return of 97.53%, outperforming the BSE 500 index. Its profits have also seen a significant increase of 45%, resulting in a low PEG ratio of 0.1.

The majority of the company's shareholders are non-institutional, indicating a strong belief in the company's potential. Polycon International has also consistently delivered returns over the last 3 years, further solidifying its position in the market.

However, the company does have some weaknesses, such as a high debt-to-equity ratio of 8.32 times, which indicates a weak long-term fundamental strength. Its long-term growth has also been poor, with a negative annual growth rate of -8.46% in net sales and 0% in operating profit over the last 5 years.

In conclusion, while Polycon International has shown promising growth and attractive valuations, its high debt and weak long-term growth may be cause for concern. Investors are advised to hold onto their stocks and monitor the company's performance closely.