B N Rathi Securities Receives Upgraded 'Hold' Stock Call from MarketsMOJO Based on Positive Q2 Results and Bullish Trend

B N Rathi Securities, a microcap company in the finance/NBFC industry, has recently received an upgraded stock call of 'Hold' from MarketsMOJO on October 30, 2024. This decision is based on the company's positive results in the quarter ending June 2024, with a growth of 62.9% in PAT(Q) and 31.21% in NET SALES(Q).
The stock is currently in a bullish range and has shown a technical trend improvement since October 28, 2024, generating a return of 6.48% since then. Multiple factors such as MACD, Bollinger Band, KST, DOW, and OBV are also indicating a bullish trend for the stock.

With a return on equity (ROE) of 16.7%, B N Rathi Securities is considered to have a fair valuation with a price to book value of 3. Over the past year, the stock has generated a return of 151.61%, while its profits have increased by 43.9%. The company's PEG ratio is also at a healthy level of 0.9.

The majority of the company's shareholders are non-institutional investors, indicating a strong market performance in the long term as well as the near term. In addition to outperforming BSE 500 in the last 3 years, 1 year, and 3 months, the stock has also generated a return of 151.61% in the last 1 year.

However, B N Rathi Securities has a weak long-term fundamental strength with an average ROE of 14.16%. This may be a cause for concern for some investors. Overall, the upgraded stock call of 'Hold' suggests a neutral stance for investors, with the potential for future growth and a strong market performance in the near term.