Radix Industries (India) Downgraded to 'Sell' by MarketsMOJO Due to Weak Fundamentals and Expensive Valuation

Radix Industries (India) has recently been downgraded to a 'Sell' by MarketsMOJO due to weak long-term fundamental strength and poor growth. The company's average Return on Capital Employed (ROCE) of 9.14% and annual growth rate of 1.72% over the last 5 years are concerning factors. Additionally, the stock is currently trading at a premium compared to its historical valuations, with a PEG ratio of 2.6.
On a positive note, the company has declared positive results for the last 3 consecutive quarters, with a 26.28% growth in net sales and the highest PBDIT and operating profit to net sales in the last quarter. The stock is also technically in a mildly bullish range, with bullish MACD and KST technical factors.

The majority shareholders of Radix Industries (India) are the promoters, and the company has consistently generated returns over the last 3 years, outperforming the BSE 500 index. However, considering the current weak fundamentals and expensive valuation, MarketsMOJO has downgraded the stock to a 'Sell'. Investors are advised to carefully evaluate their investment decisions and consider the company's long-term growth potential before making any investment.