Prudent Corporate Advisory Services Receives 'Buy' Rating from MarketsMOJO for Strong Long-Term Growth

Prudent Corporate Advisory Services, a midcap finance and NBFC company, has recently received a 'Buy' rating from MarketsMOJO. This upgrade is based on the company's strong long-term fundamental strength, with an average Return on Equity (ROE) of 31.96%.
The company has also shown healthy long-term growth, with an annual growth rate of 34.79% in net sales and 34.99% in operating profit. In addition, Prudent Corporate Advisory Services has declared positive results for the last 8 consecutive quarters, with a growth of 28.11% in PAT (HY), 23.9% in net sales (Q), and 25.6% in PBT less OI (Q).

From a technical standpoint, the stock is currently in a bullish range, with improved trends and bullish technical factors such as MACD and Bollinger Bands. Furthermore, the company has a high institutional holding of 35.19%, indicating that these investors have the capability and resources to analyze the company's fundamentals.

In terms of market performance, Prudent Corporate Advisory Services has outperformed the market (BSE 500) with a return of 99.63% in the last year. However, there are some risks to consider, such as the company's expensive valuation with a price to book value of 23.3 and a PEG ratio of 3.1. Additionally, the stock is currently trading at a premium compared to its historical valuations.

Overall, Prudent Corporate Advisory Services shows strong potential for growth and has received a positive rating from MarketsMOJO. However, investors should carefully consider the risks before making any investment decisions.