Vikram Thermo (India): A Promising Investment Opportunity with Strong Financials and Consistent Growth.

Vikram Thermo (India) has caught the attention of investors and analysts as its stock has recently been upgraded to a 'Buy' by MarketsMOJO. This microcap company in the chemicals industry has shown promising growth and financial results, making it a potential investment opportunity.
One of the key factors contributing to the 'Buy' recommendation is the company's low Debt to Equity ratio, which is at an average of 0.06 times. This indicates a strong financial position and stability for the company.

Moreover, Vikram Thermo (India) has shown consistent growth in its operating profit, with an annual rate of 44.26%. This is a positive sign for long-term investors, as it reflects the company's ability to generate profits and sustain growth.

In addition, the company has declared positive results for the last 6 consecutive quarters, with its highest net sales and operating profit to net sales in the last quarter. This shows a strong performance and potential for future growth.

From a technical standpoint, the stock is currently in a bullish range and has shown improvement in its trend. Multiple factors such as MACD, Bollinger Band, KST, DOW, and OBV are all indicating a bullish trend for the stock.

It is also worth noting that the majority shareholders of Vikram Thermo (India) are the promoters themselves, which can be seen as a vote of confidence in the company's future prospects.

While the stock has shown impressive returns in the long term and near term, it is important to consider the risks involved. The company has a high ROE of 20.8, which may make its valuation expensive with a price to book value of 4.6. Additionally, the stock is currently trading at a premium compared to its historical valuations.

However, despite these risks, Vikram Thermo (India) has outperformed the BSE 500 index in the last 3 years, 1 year, and 3 months, making it a market-beating performer.

In conclusion, with its strong financials, consistent growth, and positive technical indicators, Vikram Thermo (India) is a company to watch out for in the chemicals industry. While there are some risks involved, the potential for long-term growth and returns make it a 'Buy' according to MarketsMOJO.