Weizmann Receives 'Hold' Rating from MarketsMOJO, Shows Strong Debt Servicing Ability and Positive Results.

Weizmann, a microcap textile company, has recently received a 'Hold' rating from MarketsMOJO on March 4th, 2024. This upgrade is based on the company's strong ability to service debt, with a low Debt to EBITDA ratio of 1.33 times. Additionally, Weizmann has declared positive results for the last 3 consecutive quarters, with a growth of 90.50% in PAT (HY) and a highest DEBTORS TURNOVER RATIO (HY) of 14.76 times.
The technical trend for Weizmann is currently sideways, indicating no clear price momentum. However, it has improved from being mildly bearish on March 2nd, 2024 and has generated a return of 0.18% since then. With a ROCE of 15.1, the stock is fairly valued and has an Enterprise value to Capital Employed ratio of 2.4. It is also trading at a discount compared to its average historical valuations.

Despite generating a return of 15.24% in the past year, Weizmann's profits have only risen by 5.9%, resulting in a PEG ratio of 3.5. The majority shareholders of the company are the promoters. However, Weizmann has shown poor long-term growth with a net sales growth rate of 7.94% and an operating profit growth rate of 0.19% over the last 5 years.

In the past year, Weizmann has underperformed the market, with a return of 15.24% compared to the market's (BSE 500) return of 37.47%. While the company's financials may not be as strong as some of its competitors, the 'Hold' rating from MarketsMOJO suggests that it may still be a viable investment option for those looking for a microcap stock in the textile industry.