Tyroon Tea Company Receives 'Hold' Rating from MarketsMOJO, Showing Positive Technical Trend and Attractive Valuation

Tyroon Tea Company, a microcap company in the tea/coffee industry, has recently received a 'Hold' rating from MarketsMOJO on September 6, 2024. This upgrade is based on the company's technical trend, which has improved from Mildly Bullish to Bullish since August 5, 2024, resulting in a 2.27% return.
The stock is currently in a Bullish range and has shown positive indicators such as MACD, KST, and DOW. Additionally, with a ROE of 9 and a Price to Book Value of 1, the stock is considered to have an attractive valuation. It is also trading at a fair value compared to its average historical valuations.

However, the company's profits have fallen by -5% in the past year, despite generating a return of 23.16%. The majority shareholders of Tyroon Tea Company are the promoters.

Furthermore, the company has shown weak long-term fundamental strength with a 6.94% CAGR growth in net sales over the last 5 years. In the latest quarter, the company's results were flat and its operating cash flow was the lowest at Rs 0.46 Cr.

In the last 1 year, Tyroon Tea Company has underperformed the market, with a return of 23.16% compared to the market's (BSE 500) return of 35.23%. While the stock may have potential for growth in the future, it is currently recommended to hold onto it and monitor its performance closely.