Empower India Receives 'Hold' Rating from MarketsMOJO, Shows Strong Growth and Attractive Valuation

Empower India, a microcap trading company, has recently received a 'Hold' rating from MarketsMOJO on November 18, 2024. This upgrade is based on the company's healthy long-term growth, with a 328.50% increase in net sales and a 120.91% increase in operating profit. Additionally, Empower India has declared positive results for the last five consecutive quarters, with a growth of 305.71% in PAT (HY) and 20.9% in net sales (Q).
The company also has a very attractive valuation with a price to book value of 0.9 and a return on equity (ROE) of 3.3. In the past year, the stock has generated a return of 93.91%, outperforming the market (BSE 500) returns of 23.90%. However, the management efficiency of Empower India is poor, with a low ROE of 0.16%. This indicates low profitability per unit of shareholders' funds.

Furthermore, the company has a high debt to EBITDA ratio of 10.20 times, which may affect its ability to service debt. The stock is also currently in a mildly bearish range, with technical factors such as MACD and KST also showing a bearish trend. Majority shareholders of Empower India are non-institutional investors.

Overall, while Empower India has shown strong growth and attractive valuation, its poor management efficiency and high debt may pose risks for investors. MarketsMOJO's 'Hold' rating suggests a neutral stance on the stock, and investors should carefully consider all factors before making any investment decisions.