Hawa Engineers Receives 'Hold' Rating After Strong Quarterly Results and Bullish Technical Trend

Hawa Engineers, a microcap company in the engineering industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes after the company declared positive results for the last four consecutive quarters, with a significant growth in profits and net sales.
The stock is currently in a bullish range and has shown improvement in its technical trend. Factors such as MACD, Bollinger Band, and KST also indicate a bullish outlook for the stock.

With a ROCE of 17.1, the company has a fair valuation and is currently trading at a discount compared to its historical valuations. In the past year, the stock has generated a return of 96.49%, while its profits have risen by 211%. This reflects a low PEG ratio of 0.1 for the company.

The majority shareholders of Hawa Engineers are its promoters, indicating their confidence in the company's performance. The stock has consistently outperformed the BSE 500 index in the last three annual periods, further highlighting its strong performance.

However, the company's long-term fundamental strength is weak, with a CAGR growth of only 18.45% in operating profits over the last five years. Additionally, its ability to service debt is poor, with a low EBIT to Interest ratio. The company's return on equity is also low, indicating lower profitability per unit of shareholders' funds.

Overall, while Hawa Engineers has shown positive results in the short term, its long-term fundamental strength needs improvement. Investors are advised to hold onto their stocks for now and monitor the company's performance closely.