JSW Holdings Receives Upgraded Stock Call from MarketsMOJO, Showing Strong Long-Term Growth and Positive Technical Trends

JSW Holdings, a midcap finance company, has recently received an upgraded stock call from MarketsMOJO. The company's stock has been upgraded to 'Hold' on April 24, 2024. This upgrade is based on the strong long-term fundamental strength of the company, with a 51.42% CAGR growth in operating profits.
JSW Holdings has shown healthy long-term growth, with an annual growth rate of 8.39% in net sales and 51.42% in operating profit. The stock is also currently in a bullish range, with technical trends showing improvement since April 22, 2024, and generating a return of -1.67% since then. Multiple factors, such as MACD, Bollinger Band, KST, DOW, and OBV, are also bullish for the stock.

At a price to book value of 0.3 and a ROE of 0.7, the stock is considered to have a fair valuation. It is also currently trading at a discount compared to its average historical valuations. However, in the past year, while the stock has generated a return of 73.00%, its profits have fallen by -46.5%.

One positive aspect for JSW Holdings is its high institutional holdings at 22.44%. This indicates that these investors have better capabilities and resources to analyze the fundamentals of the company compared to retail investors.

In terms of market performance, JSW Holdings has outperformed BSE 500 in the last 3 years, 1 year, and 3 months, along with generating a return of 73.00% in the last year.

However, the company did face negative results in December 2023, with a -34.1% decrease in net sales and a -12.7% decrease in PAT. Despite this, JSW Holdings remains a strong midcap finance company with a positive long-term outlook.