Tilak Ventures Receives 'Hold' Rating from MarketsMOJO After Consistent Positive Results

Tilak Ventures, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes after the company has consistently shown positive results for the past 7 quarters. In the latest quarter, the company's profit after tax (HY) has increased to Rs 4.06 crore, while its net sales (Q) have reached a record high of Rs 5.20 crore.
The stock is currently in a bullish range and has shown a significant improvement in its technical trend since 16-Sep-24, generating a return of -3.13%. Multiple factors, such as MACD, Bollinger Band, KST, and OBV, indicate a bullish outlook for the stock.

The majority shareholders of Tilak Ventures are its promoters, which is a positive sign for investors. The stock has also outperformed the market (BSE 500) with a return of 71.14% in the last year, compared to the market's return of 34.92%.

However, the company's long-term fundamental strength is weak, with an average return on equity (ROE) of 1.96%. Its net sales have also shown poor growth, declining at an annual rate of -10.56%. Additionally, with an ROE of 6.7, the stock is currently trading at an expensive valuation with a price to book value of 3.2.

Despite this, the stock is currently trading at a discount compared to its average historical valuations. In the past year, while the stock has generated a return of 71.14%, its profits have risen by 77.3%, resulting in a PEG ratio of 1.6.

Overall, the 'Hold' rating from MarketsMOJO suggests a neutral outlook for Tilak Ventures. Investors should carefully consider the company's weak long-term fundamentals before making any investment decisions.