First Custodian Fund(I) Upgraded to 'Hold' Rating by MarketsMOJO, Showing Strong Performance and Attractive Valuation

First Custodian Fund(I) has recently been upgraded to a 'Hold' rating by MarketsMOJO, a leading financial analysis platform. This upgrade comes as the company has shown positive results for the last three consecutive quarters, with its PBT LESS OI(Q) reaching a high of Rs 0.84 crore, PAT(Q) at Rs 0.75 crore, and PBDIT(Q) at Rs 0.87 crore.
In addition, the stock is currently in a mildly bullish range and its technical factors, such as MACD and KST, are also bullish. With a ROE of 12.9, the company has an attractive valuation with a 1 Price to Book Value. It is also trading at a fair value compared to its historical valuations.

Over the past year, First Custodian Fund(I) has generated a return of 146.11%, while its profits have risen by 119%. This has resulted in a PEG ratio of 0, indicating that the stock is undervalued. The majority shareholders of the company are the promoters, which adds to the stability and confidence in the stock.

In the long term, First Custodian Fund(I) has shown market-beating performance, outperforming the BSE 500 index in the last 3 years, 1 year, and 3 months. However, it is important to note that the company has a weak long-term fundamental strength, with an average ROE of 4.45%.

Overall, with its recent positive results and attractive valuation, First Custodian Fund(I) is a stock to watch in the finance/NBFC industry. However, investors should also consider the company's weak long-term fundamental strength before making any investment decisions.