EFC (I) Shows Strong Growth and Bullish Technical Indicators Amid Increased Investor Confidence

EFC (I), a small-cap player in the realty sector, has recently undergone an adjustment in evaluation, reflecting notable shifts in its technical indicators. The stock's technical trend has transitioned, showcasing a bullish sentiment across various metrics. The Moving Averages indicate a positive outlook on a daily basis, while the MACD readings for both weekly and monthly periods also align with this bullish perspective.
In terms of performance, EFC (I) has demonstrated significant growth, with net sales increasing at an annual rate of 818.51% and operating profit rising by 553.61%. The company reported a robust net sales figure of Rs 430.63 crore over the latest six months, marking a growth of 120.55%. Additionally, the profit after tax (PAT) for the same period reached Rs 65.22 crore, reflecting a growth of 51.39%.

Institutional investors have shown increased participation, raising their stake by 0.92% in the last quarter, which indicates a growing confidence in the company's fundamentals. EFC (I) has consistently delivered positive results over the past ten quarters, further solidifying its market position.

For more insights on EFC (I) and its financial trends, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.