Tilak Ventures Receives 'Sell' Rating from MarketsMOJO, But Shows Promising Growth and Profitability

Tilak Ventures, a microcap company in the finance/NBFC industry, has recently received a 'Sell' rating from MarketsMOJO on November 29, 2024. This downgrade is based on several factors, including weak long-term fundamental strength with an average Return on Equity (ROE) of 1.96% and poor long-term growth with a -2.85% annual growth rate in Net Sales.
Technically, the stock is currently in a Mildly Bearish range and has seen a deterioration in its trend since November 29, 2024, resulting in a -2.06% return. Multiple indicators, such as MACD, Bollinger Band, and KST, also suggest a bearish outlook for the stock.

However, there are some positive factors to consider. In September 2024, Tilak Ventures declared very positive results with a growth in Net Sales of 82.7%. The company has also consistently reported positive results for the last 8 quarters, with a PAT (HY) growth of 119.77% and the highest NET SALES (Q) and EPS (Q) at Rs 9.38 cr and Rs 0.09, respectively.

Moreover, with a ROE of 8.9, Tilak Ventures has a very attractive valuation with a 1.8 Price to Book Value. The stock is currently trading at a discount compared to its historical valuations. In the past year, while the stock has generated a return of 16.93%, its profits have risen by 72.1%, resulting in a PEG ratio of 0.8.

In conclusion, while the recent downgrade by MarketsMOJO may raise concerns for investors, it is important to consider all factors before making any investment decisions. Tilak Ventures has shown promising results in terms of growth and profitability, making it a company to watch out for in the future.