Titan Intech Receives 'Hold' Rating from MarketsMOJO, Showing Positive Outlook for Textile Company
Titan Intech, a microcap company in the textile industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade is based on several factors that indicate a positive outlook for the company.One of the main reasons for the 'Hold' rating is the high management efficiency of Titan Intech. The company has a strong return on equity (ROE) of 21.22%, which is a key indicator of how well the company is utilizing its resources to generate profits.
In addition, Titan Intech has shown healthy long-term growth with its net sales growing at an annual rate of 60.57% and operating profit at 49.27%. This indicates that the company is on a steady growth trajectory.
From a technical standpoint, the stock is currently in a mildly bullish range. The technical trend has improved from mildly bearish to mildly bullish on November 19, 2024. The Bollinger Band and OBV technical factors are also bullish, further supporting the 'Hold' rating.
Another positive sign for Titan Intech is the rising promoter confidence. Promoters have increased their stake in the company by 5.06% over the previous quarter and currently hold 16.6% of the company. This shows that the promoters have high confidence in the future of the business.
However, the company's results for September 2024 were flat, with net sales growing at a negative rate of -45.25%. This could be a cause for concern, but it is important to note that the company's ROE is still at a healthy 10.6%. The stock also has an expensive valuation with a price to book value of 2.6, but it is currently trading at a discount compared to its average historical valuations.
Overall, Titan Intech has shown promising growth and has received a 'Hold' rating from MarketsMOJO. While there may be some concerns about the recent flat results and expensive valuation, the company's strong management efficiency, long-term growth, and rising promoter confidence make it a stock worth considering for investors.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
