Robust Hotels Receives 'Hold' Rating from MarketsMOJO, Shows Strong Growth and Technical Trend

Robust Hotels, a microcap company in the hotel industry, has recently received a 'Hold' rating from MarketsMOJO on May 27, 2024. This upgrade comes as a result of the company's healthy long-term growth, with a 162.50% annual increase in net sales and a 150.98% increase in operating profit.

Technically, the stock is currently in a Mildly Bullish range, with the trend improving from Sideways on May 27, 2024. One key technical factor, the Bollinger Band, has been consistently Bullish since the same date.

The majority shareholders of Robust Hotels are the promoters, indicating their confidence in the company's performance. And it's not without reason - the stock has outperformed the market (BSE 500) with a return of 81.72% in the last year, compared to the market's 35.99% return.

However, the company's management efficiency has been a cause for concern, with a low Return on Equity (ROE) of 3.97%. This signifies a low profitability per unit of shareholders' funds.

In the latest financial results for March 2024, the company has shown flat performance. While the Profit After Tax (PAT) has decreased by 92.33%, the Interest has increased by 27.47%. Additionally, the Non-Operating Income is 34.69% of the Profit Before Tax (PBT).

Overall, while Robust Hotels has shown promising growth and a positive technical trend, the company's management efficiency and recent financial results may have contributed to the 'Hold' rating from MarketsMOJO. Investors should carefully consider these factors before making any decisions regarding this stock.