PNB Gilts Receives 'Hold' Rating from MarketsMOJO, Shows Strong Long-Term Growth

PNB Gilts, a smallcap company in the finance/NBFC industry, has recently received a 'Hold' rating from MarketsMOJO on August 26, 2024. This upgrade is based on the company's healthy long-term growth, with a 19.89% annual growth rate in net sales and a 21.70% growth rate in operating profit.
In the latest quarter, PNB Gilts declared very positive results with a 6.82% growth in net sales. The company has also shown positive results for the past two consecutive quarters. Its PBT LESS OI(Q) has grown by 198.7% and PAT(Q) has grown by 225.0%. Additionally, its NET SALES(HY) has grown by 21.36%.

Technically, the stock is in a bullish range and its trend has improved from mildly bullish on August 26, 2024. Multiple factors, such as MACD, Bollinger Band, KST, and DOW, indicate a bullish outlook for the stock.

PNB Gilts has also shown market-beating performance in the long term, generating 106.67% returns in the last year and outperforming BSE 500 in the last 3 years, 1 year, and 3 months.

However, with a ROE of 4.6, the stock is currently trading at a premium compared to its average historical valuations. In the past year, while the stock has generated a high return, its profits have fallen by -3.2%.

It is worth noting that despite being a smallcap company, domestic mutual funds hold only 0% of PNB Gilts. This could signify that either they are not comfortable with the current price or they have not conducted in-depth research on the company.