Lactose (India) Upgraded to 'Hold' Rating by MarketsMOJO After Strong Financial Performance

Lactose (India) has recently been upgraded to a 'Hold' rating by MarketsMOJO, a leading stock analysis platform. This upgrade comes after the company has shown positive results for the last 5 consecutive quarters, with a significant growth in profits and net sales. The company's PAT (HY) has grown by 152.43% and its net sales (9M) have grown by 29.77%.
Technically, the stock is currently in a mildly bullish range, with multiple factors such as MACD, KST, DOW, and OBV indicating a bullish trend. Additionally, with a ROCE of 16.3, the stock is attractively valued with a 2.9 Enterprise value to Capital Employed. It is also trading at a discount compared to its average historical valuations.

In the past year, Lactose (India) has generated a return of 138.48%, outperforming the BSE 500 index. Its profits have also risen by 289.9%, resulting in a low PEG ratio of 0.1. This showcases the company's market-beating performance in both the long term and near term.

However, the company does have some weak long-term fundamental strength, with an average ROCE of 6.46%. It also has a high Debt to EBITDA ratio of 4.55 times, indicating a low ability to service debt.

Another concern for investors is that 26.07% of the promoter shares are pledged. In a falling market, this can put additional downward pressure on the stock prices.

Overall, Lactose (India) has shown promising growth and market-beating performance, but investors should also consider the weak long-term fundamentals and high promoter pledged shares before making any investment decisions. MarketsMOJO's 'Hold' rating suggests a neutral stance on the stock, and investors should carefully evaluate all factors before making any decisions.