Navneet Education Upgraded to 'Hold' Rating by MarketsMOJO, Shows Strong Financial Position

Navneet Education, a smallcap company in the printing and publishing industry, has recently been upgraded to a 'Hold' rating by MarketsMOJO on September 30, 2024. This upgrade comes as the company has shown a low Debt to Equity ratio of 0.01 times, indicating a strong financial position.
Technically, the stock is currently in a Mildly Bullish range and has shown an improvement from a Sideways trend on September 30, 2024. The Bollinger Band and DOW technical factors also suggest a Mildly Bullish trend for the stock.

With a ROCE of 15.1, the company has a Fair valuation and a 2.3 Enterprise value to Capital Employed. However, the stock is currently trading at a premium compared to its average historical valuations. In the past year, the stock has generated a return of -3.61%, while its profits have fallen by -0.6%.

The majority shareholders of Navneet Education are the Promoters, indicating their confidence in the company's performance. However, the company has shown poor long-term growth with an annual rate of -3.93% in Operating profit over the last 5 years.

In the latest quarter, the company's results have been flat, with a growth of 35.48% in INTEREST(Q) at Rs 6.72 crore and a decrease of -7.9% in PAT(Q) at Rs 133.41 crore. The company also has the lowest CASH AND CASH EQUIVALENTS(HY) at Rs 24.71 crore.

Overall, Navneet Education has shown below par performance in both the long term and near term. Along with generating -3.61% returns in the last year, the stock has also underperformed BSE 500 in the last 3 years, 1 year, and 3 months. Investors are advised to hold their positions in the stock and monitor its performance closely.