Zee Media Corporation Receives 'Hold' Rating, But Faces Concerns Over Long-Term Growth and Market Performance

Zee Media Corporation, a microcap company in the TV broadcasting and software industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade is based on the company's strong ability to service its debt, with a low Debt to EBITDA ratio of 1.18 times.
Technically, the stock is currently in a bullish range, with multiple factors such as MACD, Bollinger Band, KST, and OBV showing a positive trend. However, the company has shown poor long-term growth, with an annual rate of -177.71% in operating profit over the last 5 years.

In the recent quarter, the company's results have been flat, with interest growing at a rate of 70.39% and cash and cash equivalents at its lowest at Rs 9.70 crore. The debt-equity ratio is also at its highest at 0.85 times, indicating a higher level of risk for the stock.

Furthermore, the stock has underperformed the market in the last 1 year, generating a return of only 24.07% compared to the market's return of 37.44%. This could be a cause for concern for investors.

It is also worth noting that despite its size, domestic mutual funds hold only 0% of the company, which could indicate a lack of confidence in the company's performance or business.

In conclusion, while Zee Media Corporation may have some positive technical indicators, its poor long-term growth and underperformance in the market may make it a risky investment. Investors should carefully consider all factors before making any decisions regarding this microcap company.