National Highways Infra Trust Downgraded to 'Sell'

National Highways Infra Trust, a midcap company in the miscellaneous industry, has recently been downgraded to a 'Sell' by MarketsMOJO on 2023-12-18. This decision was based on several factors, including poor management efficiency with a low ROCE of 8.61%. This indicates that the company is not generating enough profits per unit of total capital.
Technically, the stock is currently in a Mildly Bearish range and has a Very Expensive valuation with a 1 Enterprise value to Capital Employed. This means that the stock is trading at a higher price compared to its average historical valuations. Additionally, while the stock has generated a return of 2.15% in the past year, its profits have risen by 325%, resulting in a PEG ratio of 0.1.

Furthermore, National Highways Infra Trust has underperformed the market in the last 1 year, with a return of only 2.15% compared to the market's (BSE 500) returns of 21.63%. However, the company has shown healthy long-term growth with a 314.60% annual growth rate in Net Sales and 348.28% in Operating profit.

Despite the recent downgrade, the company has declared positive results for the last 2 consecutive quarters, with a growth of 26.52% in PAT(HY) and the highest NET SALES(Q) at Rs 235.91 cr. It is important to note that this article is based on facts and does not include any future potential, investor interest, or expert opinions. As always, it is recommended to do thorough research and consult with a financial advisor before making any investment decisions.