Can Fin Homes Experiences Revision in Stock Evaluation Amid Technical Trend Shift

Jan 01 2025 07:49 PM IST
share
Share Via
Can Fin Homes has recently experienced a revision in its score by MarketsMojo, reflecting a shift in its market evaluation. Despite facing challenges with a bearish trend and underperformance relative to the BSE 500 index, the company maintains strong long-term fundamentals, highlighted by a solid Return on Equity. Additionally, it has been added to MarketsMojo's list, indicating ongoing interest from investors.
Can Fin Homes, a midcap player in the finance and housing sector, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects a shift in the stock's technical trend, which has moved into a bearish range. This change comes after a period of underperformance, with the stock generating negative returns over various time frames, including the past year and three years.

Despite the recent challenges, Can Fin Homes has demonstrated strong long-term fundamental strength, highlighted by an average Return on Equity (ROE) of 17.17%. The company has consistently reported positive results for the last ten consecutive quarters, showcasing resilience in its operational performance. Notably, it achieved record figures in operating cash flow and net sales, indicating robust business activity.

Additionally, Can Fin Homes maintains a significant institutional ownership level at 39.19%, suggesting that knowledgeable investors are closely monitoring its performance. The stock has been added to MarketsMOJO's list, reflecting ongoing interest in its fundamental metrics despite the recent technical challenges. As the market continues to evolve, Can Fin Homes remains a noteworthy entity within the finance and housing industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Chandan Healthca falling/rising?
18 minutes ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
18 minutes ago
share
Share Via
Why is Solarium Green falling/rising?
18 minutes ago
share
Share Via
Why is Gajanand Inter. falling/rising?
18 minutes ago
share
Share Via
Why is Sahasra Electro. falling/rising?
19 minutes ago
share
Share Via
Why is Globale Tessile falling/rising?
19 minutes ago
share
Share Via
Why is AWFIS Space falling/rising?
19 minutes ago
share
Share Via