MarketsMOJO Upgrades Sheetal Cool Products to 'Hold' with Efficient Management and Technical Trend

MarketsMOJO has recently upgraded its stock call on Sheetal Cool Products to 'Hold' due to its high management efficiency and improved technical trend. The company's ROCE (Return on Capital Employed) stands at an impressive 15.99%, indicating efficient use of capital. Additionally, the stock is currently in a mildly bullish range and the MACD (Moving Average Convergence Divergence) has been bullish since 26 Aug 2024.
In terms of valuation, Sheetal Cool Products has a fair valuation with a 2.8 Enterprise value to Capital Employed ratio and is trading at a discount compared to its average historical valuations. However, the company's profits have only risen by 2% in the past year, resulting in a PEG (Price/Earnings to Growth) ratio of 12.

The majority shareholders of Sheetal Cool Products are the promoters, indicating their confidence in the company's performance. However, the company's results for the quarter ending Jun 24 were flat, with a -8.43% growth in net sales and the lowest operating profit to net sales ratio at 10.41%.

Despite underperforming the market in the last year with a return of 8.84%, Sheetal Cool Products shows potential for growth with its efficient management and technical trend. Investors are advised to hold onto their stocks for now and keep an eye on the company's future performance.