TGV Sraac Experiences Revision in Its Stock Evaluation Amid Mixed Performance Indicators

TGV Sraac, a small-cap entity within the chemicals sector, has recently experienced a revision in its score by MarketsMOJO. This adjustment comes on the heels of the company breaking a six-quarter streak of negative performance, as it reported positive results in September 2024.
The company has demonstrated a commendable annual growth rate in operating profit of 32.04%, with its operating profit to interest ratio standing at an impressive 13.29 times. Furthermore, TGV Sraac has announced a dividend per share of Rs 1.00, achieving its highest dividend payout ratio at 17.64%.

From a technical standpoint, the stock is currently positioned in a mildly bullish range, buoyed by favorable indicators such as MACD, KST, and OBV. With a return on capital employed (ROCE) of 5.8, TGV Sraac appears to offer an appealing valuation, trading at a discount relative to its historical averages. However, it is important to note that the stock has lagged behind the broader market over the past year, with a return of 3.58%, which pales in comparison to the BSE 500's 19.09% return. Additionally, the presence of domestic mutual funds in the company remains minimal, holding only 0.05%, reflecting a cautious approach among institutional investors.

In light of these developments, TGV Sraac has been added to MarketsMOJO's list, indicating a recognition of its potential amidst the recent fluctuations in its evaluation.