Dhunseri Ventures Receives 'Hold' Rating from MarketsMOJO, Showing Positive Technical Indicators

Dhunseri Ventures, a smallcap company in the chemicals industry, has recently received a 'Hold' rating from MarketsMOJO on June 21, 2024. This upgrade is based on the company's low Debt to Equity ratio, which is currently at 0 times.
The stock is also showing a bullish trend, with technical indicators such as MACD, Bollinger Band, and KST all pointing towards a positive outlook. In the past year, the stock has outperformed the market (BSE 500) with a return of 47.88%, compared to the market's return of 36.15%.

However, the company's long-term growth has been poor, with a negative annual growth rate of -11.95% in Net Sales and -202.67% in Operating profit over the last 5 years. This has resulted in negative results for the company in the last 5 consecutive quarters.

The company's financials also show a decline in profits, with Interest (HY) growing at 668.28%, PBT LESS OI(Q) falling at -63.5%, and PAT(Q) falling at -50.0%. With a ROE of 5.2, the company's valuation is considered expensive with a Price to Book Value of 0.4.

Furthermore, the stock is currently trading at a premium compared to its historical valuations. While it has generated a high return in the past year, its profits have declined by -71.8%.

It is also worth noting that despite being a smallcap company, domestic mutual funds hold only 0.01% of the company. This could indicate that they are either not comfortable with the current price or have concerns about the company's business.