Cil Securities Receives 'Hold' Rating from MarketsMOJO, Technical Indicators Point to Bullish Trend

Cil Securities, a microcap company in the finance/NBFC industry, has recently received a 'Hold' rating from MarketsMOJO on September 16, 2024. This upgrade is based on various technical indicators that suggest a bullish trend for the stock.
Since August 12, 2024, the stock has shown a significant improvement in its technical trend, resulting in a 2.79% return. The MACD, Bollinger Band, KST, and DOW factors all point towards a bullish outlook for the stock.

Attractive valuation is another reason for the 'Hold' rating, with a ROE of 10.3 and a price to book value of 1. However, the stock is currently trading at a premium compared to its historical valuations.

In the past year, Cil Securities has generated a return of 114.16%, while its profits have increased by 20.9%. This results in a PEG ratio of 0.5, indicating a good balance between growth and valuation.

The majority shareholders of Cil Securities are its promoters, which can be seen as a positive sign for investors. The stock has also outperformed the BSE 500 index in the last 3 years, 1 year, and 3 months, showcasing its market-beating performance.

However, the company's long-term fundamental strength is weak, with an average ROE of 4.79%. The net sales have also shown poor growth at an annual rate of 20.55%.

In the latest quarter, Jun 24, Cil Securities reported flat results with its cash and cash equivalents at the lowest level of Rs 7.60 crore. This could be a cause for concern for investors.

Overall, while Cil Securities has shown a strong performance in the short term, its long-term fundamentals and growth potential may need to be closely monitored. Investors are advised to hold onto their positions for now and keep an eye on any future developments.