TCFC Finance Receives Stock Upgrade from MarketsMOJO, Shows Strong Financial Performance

TCFC Finance, a microcap finance company, has recently received a stock call upgrade from MarketsMOJO to 'Hold'. This decision is based on the company's positive financial performance in the last 5 consecutive quarters. With a growth of 78.09% in net sales and a higher PAT of Rs 9.22 crore in the last 9 months, TCFC Finance has shown promising results.
Technically, the stock is in a mildly bullish range and both the MACD and KST technical factors are also bullish. Additionally, with a ROE of 11 and a price to book value of 0.7, the stock is currently trading at an attractive valuation. It is also worth noting that the stock is trading at a fair value compared to its average historical valuations.

In the past year, TCFC Finance has outperformed the market with a return of 82.57%, while its profits have increased by 108.8%. This is reflected in the company's low PEG ratio of 0.1. The majority shareholders of TCFC Finance are the promoters, indicating their confidence in the company's performance.

However, the company does have some weak long-term fundamental strengths. Its average ROE is 6.05%, which is lower than the industry average. Additionally, its net sales and operating profit have only grown at an annual rate of 18.04% and 25.20%, respectively, indicating poor long-term growth.

Overall, TCFC Finance is a promising microcap company with a strong recent performance and a bullish technical outlook. While it may have some weak long-term fundamentals, the stock is currently trading at an attractive valuation and has outperformed the market in the past year. Investors may consider holding onto their positions in TCFC Finance for now.