Integra Capital Management Receives 'Hold' Rating and Positive Results, Attractive Investment Opportunity

Integra Capital Management, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes after the company reported positive results in December 2023, with its PBDIT(Q), PBT LESS OI(Q), and PAT(Q) reaching their highest levels at Rs 0.41 cr, Rs 0.41 cr, and Rs 0.42 cr respectively.
The stock is currently in a Mildly Bullish range and its technical trend has improved from Mildly Bearish on 28-Feb-24. The Bollinger Band and KST technical factors are also Bullish, indicating a positive outlook for the stock.

Integra Capital Management also boasts a Very Attractive valuation with a 2.1 Price to Book Value and a ROE of 16.5. The stock is currently trading at a discount compared to its average historical valuations, making it an attractive investment opportunity.

However, the company's long term fundamental strength is weak with an average ROE of 7.40% and poor growth as its Net Sales has declined at an annual rate of -17.21%. In the last year, the stock has underperformed the market (BSE 500) with negative returns of -16.29% while the market has generated returns of 37.06%.

Integra Capital Management is majority owned by its promoters, indicating their confidence in the company's future prospects. With a 'Hold' rating from MarketsMOJO, investors can consider this microcap finance company for their portfolio.