CWD Receives 'Hold' Rating from MarketsMOJO, Shows Strong Long-Term Growth

CWD, a microcap IT hardware company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has shown healthy long-term growth, with net sales increasing at an annual rate of 73.40%.
Technically, the stock is currently in a Mildly Bullish range, with the trend improving from Sideways on November 11, 2024. One key technical factor, the On-Balance Volume (OBV), has also been Bullish since the same date.

The majority shareholders of CWD are its promoters, indicating their confidence in the company's future prospects. However, the company's results for September 2023 were flat, with the lowest operating cash flow of Rs -3.19 Cr.

With a ROCE of 9.4, CWD has a Very Expensive valuation, with an enterprise value to capital employed ratio of 10.6. Additionally, in the past year, while the stock has generated a return of 6.12%, its profits have fallen by -48%.

In comparison to the market (BSE 500) returns of 30.30%, CWD has underperformed in the last year. Despite this, MarketsMOJO has upgraded the stock to a 'Hold' rating, indicating that it may have potential for future growth.