Caprihans India Downgraded to 'Sell' by MarketsMOJO, Stock Performance Outpacing Market

Caprihans India, a microcap company in the plastic products industry, has recently been downgraded to a 'Sell' by MarketsMOJO on February 26, 2024. This decision was based on the company's flat results in December 2023, with a significant decrease in profit before tax and after tax. Additionally, the company's interest expenses have increased by 35% in the last half year.
Technically, the stock is currently in a Mildly Bearish range, with a deteriorating trend from Mildly Bullish on February 26, 2024. The MACD and KST technical factors also indicate a Bearish trend for the stock.

However, there are some positive factors to consider. Caprihans India has shown healthy long-term growth, with an annual rate of 31.78% in operating profit. It also has an attractive valuation with a ROCE of 1 and a 0.7 Enterprise value to Capital Employed. The stock is currently trading at a discount compared to its average historical valuations.

Despite these positives, the company's profits have fallen by -378.9% in the past year, while the stock has generated a return of 67.59%. The majority shareholders of Caprihans India are the promoters, which may indicate a lack of external investor interest.

Overall, Caprihans India's stock performance has been beating the market, with a return of 67.59% in the last year compared to the market's return of 37.63%. However, the recent downgrade by MarketsMOJO and the company's financial results suggest caution for potential investors.