Keynote Financial Services Receives 'Hold' Rating from MarketsMOJO, Shows Strong Growth in PAT and NET SALES

Keynote Financial Services, a microcap company in the finance/NBFC industry, has recently received a 'Hold' rating from MarketsMOJO on October 9, 2024. This upgrade comes as the company has shown positive results for the past 5 consecutive quarters, with a significant growth in PAT (HY) at Rs 12.26 crore, which has increased by 234.97%, and NET SALES (HY) at Rs 25.78 crore, which has grown by 56.72%.
The stock is currently in a bullish range, with technical trends showing improvement from mildly bullish on October 9, 2024. Multiple factors, such as MACD, Bollinger Band, KST, DOW, and OBV, are also indicating a bullish trend for the stock.

With a ROE of 21.5, the stock is fairly valued with a price to book value of 2.1. However, it is trading at a premium compared to its average historical valuations. In the past year, the stock has generated a return of 227.41%, while its profits have risen by 213.1%. The PEG ratio of the company is 0, indicating a strong performance.

The majority shareholders of Keynote Financial Services are the promoters, which is a positive sign for investors. The company has also shown market-beating performance in the long term, with a return of 227.41% in the last year and 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 10.12% and poor growth in operating profit at an annual rate of 60.57%. This may be a cause for concern for investors, and it is important to keep an eye on the company's future performance.

Overall, with a 'Hold' rating from MarketsMOJO and a mix of positive and negative factors, investors should carefully consider their options before making any investment decisions regarding Keynote Financial Services.