Aditya Birla Money Receives Upgraded Stock Call from MarketsMOJO, Showing Strong Growth Potential

Aditya Birla Money, a microcap finance company, has recently received an upgraded stock call from MarketsMOJO. The company's stock has been upgraded to 'Hold' on October 7, 2024.
The decision to upgrade the stock is based on the company's healthy long-term growth, with an annual operating profit growth rate of 35.70%. In fact, in the last quarter of June 2024, the company declared very positive results with a 5.47% growth in operating profit. This trend has been consistent for the past 5 quarters, indicating a strong performance by the company.

In addition, the company's PAT (HY) has grown by an impressive 95.24% at Rs 32.82 crore, while its net sales (Q) and PBDIT (Q) have reached their highest levels at Rs 117.86 crore and Rs 52.09 crore respectively.

From a technical standpoint, the stock is currently in a mildly bullish range, with both its MACD and KST technical factors showing a bullish trend. Moreover, institutional investors have also shown an increasing interest in the company, with a 0.88% increase in their stake in the previous quarter.

Aditya Birla Money has also outperformed the market (BSE 500) with a return of 67.03% in the last year, compared to the market's return of 33.39%. However, with a ROE of 36.8, the stock is currently trading at an expensive valuation with a price to book value of 4.8. But, it is still trading at a discount compared to its average historical valuations.

Despite its expensive valuation, the company's profits have risen by 69.9% in the past year, resulting in a low PEG ratio of 0.2. This indicates that the stock may still have potential for growth in the future.

Overall, with its strong financial performance, increasing institutional interest, and market-beating returns, Aditya Birla Money's stock is a 'Hold' for now. Investors can keep an eye on the company's future performance to make informed decisions.