Interactive Financial Services Receives Upgraded Stock Call from MarketsMOJO, Showing Positive Results.

Interactive Financial Services, a microcap company in the finance/NBFC industry, has recently received an upgraded stock call from MarketsMOJO. The stock has been upgraded to a 'Hold' rating on November 13, 2024.
The decision to upgrade the stock to a 'Hold' rating is based on the company's positive results in the quarter ending June 2024. The company's PBDIT(Q) has reached its highest at Rs 2.52 crore, while PBT LESS OI(Q) and PAT(Q) have also shown significant improvement at Rs 2.52 crore and Rs 2.04 crore respectively.

Technically, the stock is currently in a bullish range and the technical trend has improved from mildly bullish on November 13, 2024. Multiple factors such as MACD, Bollinger Band, and KST are also indicating a bullish trend for the stock.

With a return on equity (ROE) of 18.5%, the stock is fairly valued with a price to book value of 1.1. However, it is currently trading at a premium compared to its average historical valuations. In the past year, the stock has generated a return of 199.31%, while its profits have risen by 99.1%. The PEG ratio of the company stands at 0.1.

The majority shareholders of Interactive Financial Services are non-institutional investors. The stock has shown a market-beating performance in the long term as well as the near term, outperforming BSE 500 in the last 3 years, 1 year, and 3 months.

However, the company's long-term fundamental strength is weak with an average ROE of 10.92%. The net sales of the company have also shown poor growth at an annual rate of 12.64%. Investors should carefully consider these factors before making any investment decisions regarding Interactive Financial Services.