Savita Oil Technologies Receives 'Hold' Rating, Shows High Management Efficiency and Bullish Trend

Savita Oil Technologies, a smallcap company in the lubricants industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade is based on the company's high management efficiency, with a ROE of 16.22%, and a low Debt to Equity ratio of 0 times. The stock is also currently in a Mildly Bullish range, with its MACD and KST technical factors showing a Bullish trend.
Despite its attractive valuation with a 2.2 Price to Book Value and a return of 40.52% in the past year, the company's profits have fallen by -2.9%. This could be a cause for concern for investors. Additionally, the company has shown poor long-term growth with an annual rate of -24.74% in operating profit over the last 5 years.

In the latest quarter, Savita Oil Technologies reported negative results with a -26.1% decrease in PBT LESS OI(Q) at Rs 34.31 crore and a -23.27% increase in PAT(HY) at Rs 70.64 crore. However, the company's non-operating income accounted for 33.14% of its PBT, which could potentially offset some of the negative impact.

It is worth noting that the majority shareholders of Savita Oil Technologies are the promoters, which could indicate their confidence in the company's future prospects. However, it is important to consider the company's recent performance and potential risks before making any investment decisions.