Supra Pacific Management Consultancy Receives 'Hold' Rating After Positive Results and Bullish Market Performance

Supra Pacific Management Consultancy, a microcap company in the finance/NBFC industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes after the company declared positive results for the last 5 consecutive quarters, with a significant growth in net sales and PBDIT. The stock is also technically in a bullish range, with multiple factors such as MACD, Bollinger Band, and KST indicating a positive trend.
In the past year, Supra Pacific Management Consultancy has outperformed the market (BSE 500) with a return of 54.28%, compared to the market's 36.59%. However, the company's long-term fundamental strength is weak, with an average return on equity (ROE) of 3.20%. Its current ROE of 2 is considered very expensive, with a price to book value of 2.7, trading at a premium compared to its historical valuations.

Despite the strong market performance, the company's profits have only risen by 25% in the past year, resulting in a PEG ratio of 2.2. This indicates that the stock may be overvalued, and investors should exercise caution before making any investment decisions.

Overall, while Supra Pacific Management Consultancy has shown positive growth in recent quarters and a strong market performance, its long-term fundamentals and valuation may not be as promising. MarketsMOJO's 'Hold' rating suggests a neutral stance on the stock, and investors should carefully consider all factors before making any investment decisions.