NCL Research and Financial Services Receives 'Hold' Rating from MarketsMOJO, Positive Results Reported

NCL Research and Financial Services, a microcap company in the finance/NBFC industry, has recently received a 'Hold' rating from MarketsMOJO on May 21, 2024. This upgrade comes after the company reported positive results in December 2023, with a PAT(Q) of Rs 1.05 crore and EPS(Q) of Rs 0.01, both being the highest in recent quarters.
Technically, the stock is currently in a Mildly Bullish range, with the key technical factor KST being Bullish since March 6, 2024. Additionally, with a ROE of 1.4, the stock is considered to have an attractive valuation with a price to book value of 0.6. It is also trading at a discount compared to its average historical valuations.

Over the past year, NCL Research and Financial Services has generated a return of 68.29%, while its profits have risen by 89%. This has resulted in a PEG ratio of 0.4, indicating that the stock may be undervalued.

The majority shareholders of the company are non-institutional investors, indicating a strong interest from retail investors. However, the company has weak long-term fundamental strength, with an average ROE of 0.48% and poor long-term growth as net sales have only grown by 9.57% annually.

Overall, while NCL Research and Financial Services may have some positive indicators, it is important to consider the company's weak long-term fundamentals before making any investment decisions. Investors should do their own research and consult with a financial advisor before making any decisions regarding this stock.