Super Sales India Receives 'Sell' Rating

Super Sales India, a microcap company in the textile industry, has recently received a 'Sell' rating from MarketsMOJO on December 20, 2023. This downgrade is based on weak long-term fundamental strength, with an average Return on Capital Employed (ROCE) of 5.91% and poor long-term growth in net sales and operating profit.
Despite positive results in September 2023, with the highest operating cash flow and net sales in the last quarter, the stock is currently in a mildly bullish range. However, there are multiple factors that suggest a bullish trend, such as MACD, Bollinger Band, and KST.

With a ROE of 4.5, Super Sales India is fairly valued with a price to book value of 0.6. The stock is currently trading at a discount compared to its historical valuations. However, over the past year, while the stock has generated a return of 33.37%, its profits have declined by -41.2%.

The majority shareholders of Super Sales India are the promoters, indicating their confidence in the company. The stock has consistently generated returns over the last 3 years and has outperformed BSE 500 in each of the last 3 annual periods.

Investors should carefully consider the recent downgrade and the company's weak long-term fundamentals before making any investment decisions. It is important to note that this article is based on facts and does not include any future potential, investor interest, or expert opinions.