NDA Securities Faces Evaluation Shift Amidst Mixed Financial Performance and Rising Promoter Confidence

NDA Securities, a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape, moving from a sideways trend to a mildly bearish outlook.
Key financial metrics indicate that the company has experienced flat performance in its latest quarter, with a PBDIT of Rs 0.21 crore and a PBT of Rs 0.14 crore, both marking the lowest figures in recent reporting periods. The average Return on Equity (ROE) stands at 8.58%, suggesting weak long-term fundamental strength, while net sales have shown an annual growth rate of 8.11%.

Despite these challenges, NDA Securities has demonstrated resilience with a notable return of 6.17% over the past year, alongside a significant profit increase of 73%. The company's PEG ratio is reported at 0.2, indicating attractive valuation metrics. Additionally, promoter confidence appears to be rising, as they have increased their stake by 10.25% in the last quarter, now holding 58.82% of the company.

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