Kapil Raj Finance Receives Upgraded Stock Call, Technical Indicators Point to Positive Outlook

Kapil Raj Finance, a microcap finance company, has recently received an upgraded stock call from MarketsMOJO. The company's stock has been upgraded to 'Hold' on 16th January 2024.
The technical trend for Kapil Raj Finance has improved from Mildly Bullish to Bullish, indicating a positive outlook for the stock. This is supported by multiple factors such as MACD, Bollinger Band, and KST.

In terms of valuation, the company has a Very Attractive ROE of 16 and a price to book value of 1.7. Additionally, the stock is currently trading at a discount compared to its average historical valuations.

Despite a 27.75% return in the past year, the company's profits have fallen by 0%. This could be a cause for concern for investors, but the stock's technical indicators suggest a positive outlook.

It is worth noting that the majority of shareholders in Kapil Raj Finance are non-institutional investors. This could indicate a lack of interest from larger, more experienced investors.

In the latest quarter, the company's results were flat with an EPS(Q) of Rs -0.04, the lowest in the past year. This could be a red flag for potential investors, but it is important to consider the overall trend and technical indicators before making any investment decisions.

Overall, with the recent upgrade to 'Hold' by MarketsMOJO and positive technical indicators, Kapil Raj Finance could be a stock to watch in the finance/NBFC industry. However, investors should also keep an eye on the company's profits and the majority of non-institutional shareholders.