Step Two Corporation Receives Upgraded Stock Call from MarketsMOJO, Showing Strong Financial Performance.

Step Two Corporation, a microcap company in the finance/NBFC industry, has recently received an upgraded stock call from MarketsMOJO. The stock has been upgraded to 'Hold' on 2024-08-13, indicating a positive outlook for the company.
The company's latest quarterly results have shown promising numbers, with PBDIT(Q) at its highest at Rs 2.10 crore, PBT LESS OI(Q) at Rs 2.11 crore, and PAT(Q) at Rs 1.75 crore. This indicates a strong financial performance by the company.

Technically, the stock is in a mildly bullish range and its MACD and KST technical factors are also bullish. With a ROE of 23.2, the company has an attractive valuation with a price to book value of 2.6. It is also trading at a fair value compared to its average historical valuations.

In the past year, the stock has generated a return of 124.83%, outperforming the market (BSE 500) returns of 34.08%. This market-beating performance is a positive sign for investors.

The majority shareholders of Step Two Corporation are its promoters, indicating their confidence in the company's growth potential.

However, the company's long-term fundamental strength is weak with an average ROE of 3.49%. Its operating profit has only grown at an annual rate of 8.73%, indicating poor long-term growth.

Overall, while the stock has shown strong performance in the past year, its long-term growth potential may be a concern for investors. It is important to carefully consider all factors before making any investment decisions.