Hatsun Agro Product Receives 'Sell' Rating from MarketsMOJO, Underperforms Market and Shows Negative Return.

Hatsun Agro Product, a leading FMCG company in India, has recently received a 'Sell' rating from MarketsMOJO on November 25, 2024. This downgrade is based on the company's flat results in September 2024, with the lowest operating cash flow of Rs -71.46 crore and a significant increase in interest expenses by 34.86%. Additionally, the company's quarterly profits have fallen by -17.1%.
Not only has Hatsun Agro Product underperformed the BSE 500 index in the last 3 years, 1 year, and 3 months, but it has also generated a negative return of -1.20% in the last year. The technical trend of the stock is currently sideways, indicating no clear price momentum. This trend has worsened since November 21, 2024, with a return of 3.37%.

Despite a fair valuation with a ROCE of 14.6 and a 6.7 Enterprise value to Capital Employed, the stock is currently trading at a discount compared to its historical average. However, the company's profits have increased by 32.9% in the past year, resulting in a PEG ratio of 2.4.

Institutional investors have also shown an increasing interest in Hatsun Agro Product, with a 0.81% increase in their stake in the company in the previous quarter. These investors have better resources and capabilities to analyze the fundamentals of companies, making their participation a significant factor to consider.

Overall, with a 'Sell' rating from MarketsMOJO and a below-par performance in both the long and near term, it may be wise for investors to exercise caution when considering Hatsun Agro Product for their portfolio.