IM+ Capitals Receives 'Sell' Rating from MarketsMOJO, Despite Positive Results and Bullish Stock Trend

IM+ Capitals, a microcap finance company, has recently received a 'Sell' rating from MarketsMOJO. This downgrade is based on the company's weak long-term fundamental strength, with an average Return on Equity (ROE) of 4.50%. Despite its small size, domestic mutual funds hold only 0% of the company, indicating a lack of confidence in the company's performance.
However, IM+ Capitals has declared positive results for the last 6 consecutive quarters, with a significant growth in profits and net sales. The company's stock is also technically in a bullish range, with multiple factors such as MACD, KST, DOW, and OBV showing a positive trend.

With a ROE of 15.1, the stock is currently trading at a fair valuation with a price to book value of 2.2. This is in line with its average historical valuations. In the past year, the stock has generated a return of 73.04%, while its profits have risen by a staggering 5324.9%.

IM+ Capitals has also consistently outperformed the BSE 500 index in the last 3 annual periods, further showcasing its strong performance. However, MarketsMOJO's downgrade is a reminder for investors to carefully consider the company's fundamentals before making any investment decisions.