Inter Globe Finance Receives 'Hold' Rating from MarketsMOJO, Shows Strong Performance in Past Year

Inter Globe Finance, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has shown positive results for the past five consecutive quarters. In the last half year, the company's net sales have grown by an impressive 432.65%, while its PBT less OI has seen a growth of 94.0%. Additionally, the company's PAT has also increased to Rs 8.71 crore.
Technically, the stock is in a mildly bullish range and both its MACD and KST technical factors are also bullish. With a ROE of 8.7, the company has an attractive valuation with a price to book value of 1.1. Furthermore, the stock is currently trading at a fair value compared to its average historical valuations. In the past year, the stock has generated a return of 233.19%, while its profits have risen by 179%. The PEG ratio of the company stands at 0.1, indicating a good potential for future growth.

Inter Globe Finance has also shown consistent returns over the last three years, outperforming the BSE 500 index in each of the last three annual periods. However, the company's long-term fundamental strength is weak with an average ROE of 0.03%. Its net sales have only grown at an annual rate of 92.19%, indicating poor long-term growth.

Overall, while Inter Globe Finance has shown strong performance in the past year, its long-term growth potential may be limited. Investors are advised to hold onto their stocks for now and monitor the company's performance closely.