Capital Trade Links Receives 'Hold' Rating from MarketsMOJO, Showing Consistent Growth and Bullish Trends

Capital Trade Links, a microcap company in the finance/NBFC industry, has recently received a 'Hold' rating from MarketsMOJO on October 21, 2024. This upgrade comes as the company has consistently shown positive results for the last 10 quarters, with a 50.50% growth in net sales and a higher PAT of Rs 9.69 crore in the last 9 months.
The stock is currently in a bullish range, with technical trends showing improvement from mildly bullish on October 21, 2024. Multiple factors such as MACD, Bollinger Band, and OBV are also indicating a bullish outlook for the stock.

Non-institutional shareholders hold the majority of the company's shares, and it has shown consistent returns over the last 3 years. In the past year alone, the stock has generated a return of 37.85%, outperforming the BSE 500 index. However, the company's long-term fundamental strength is weak, with an average ROE of 9.76%.

Despite its strong performance, the stock is currently trading at a premium compared to its historical valuations, with a price to book value of 7.5. This indicates a very expensive valuation, with a PEG ratio of 0.2.

Overall, while Capital Trade Links has shown promising growth and consistent returns, investors should carefully consider the expensive valuation before making any investment decisions. MarketsMOJO's 'Hold' rating suggests a neutral stance on the stock, and investors should conduct their own research before making any decisions.