Real Touch Finance Experiences Revision in Its Score Amid Strong Quarterly Performance

Real Touch Finance, a notable player in the finance and non-banking financial company (NBFC) sector, has recently experienced a revision in its score by MarketsMOJO. This adjustment follows a series of positive financial results, with the company showcasing impressive performance over the last eight consecutive quarters. In the first half of the fiscal year, Real Touch Finance reported net sales of Rs 13.25 crore, marking a significant growth trajectory of 35.48%. The company also achieved its highest quarterly PBDIT at Rs 5.01 crore, alongside a PBT less other income of Rs 1.53 crore, underscoring its robust operational capabilities. From a technical standpoint, the stock is currently situated in a bullish range, with favorable movements observed in key indicators such as MACD, Bollinger Bands, and KST. However, it is important to note that the company faces challenges regarding its long-term fundamental strength, as evidenced by an average Return on Equity (ROE) of 4.34%. The stock is trading at a premium, reflected in its Price to Book Value ratio of 2.3, and has delivered an impressive 199.89% return over the past year, outpacing the BSE 500 index across various time frames. Additionally, Real Touch Finance has been added to MarketsMOJO's list, further highlighting its potential in the market. Investors and analysts alike will be keen to observe how these developments influence the stock's performance moving forward.