Inter Globe Finance Receives 'Hold' Rating from MarketsMOJO, Shows Strong Short-Term Performance

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 last five consecutive quarters. In the half-yearly period, the company's net sales have grown by an impressive 432.65%, while its PBT less OI has seen a growth of 94.0%. The company's PAT has also increased to Rs 8.71 crore.
Technically, the stock is currently in a mildly bullish range, with both its MACD and KST technical factors showing a bullish trend. With an ROE of 8.7, the stock is attractively valued with a price to book value of 1.1. It is also trading at a fair value compared to its average historical valuations. In the past year, the stock has generated a return of 270.26%, while its profits have risen by 179%. The PEG ratio of the company stands at 0.1, indicating a strong performance.

Inter Globe Finance has consistently delivered strong 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 only 0.03%. Its net sales have grown at an annual rate of 92.19%, indicating poor long-term growth.

Overall, Inter Globe Finance is a microcap company with a promising track record in the recent past. While its short-term performance looks positive, its long-term growth potential remains uncertain. Investors are advised to hold onto their positions for now and closely monitor the company's future developments.