Ujjivan Financial Services Receives 'Buy' Rating and Shows Strong Growth Potential

Ujjivan Financial Services, a midcap finance company, has recently received a 'Buy' rating from MarketsMOJO. This upgrade is based on the company's strong long-term fundamental strength, with a remarkable 37.44% CAGR growth in operating profits. This is a clear indication of the company's healthy long-term growth.
In addition, Ujjivan Financial Services has consistently delivered positive results for the past 7 quarters, with its net sales reaching a high of Rs 1,496.22 crore and PBDIT at Rs 965.96 crore. The stock is also currently in a bullish range, with technical indicators such as MACD, Bollinger Band, KST, and OBV all pointing towards a positive trend.

Moreover, the company's attractive valuation with a price to book value of 1.9 and a ROE of 22.9 make it a promising investment opportunity. It is currently trading at a discount compared to its historical valuations, making it an even more attractive option for investors.

Furthermore, Ujjivan Financial Services has a high institutional holding of 42.5%, indicating that these investors have the capability and resources to thoroughly analyze the company's fundamentals. This adds to the credibility of the stock and its potential for growth.

In the past year, the stock has outperformed the market (BSE 500) with a return of 117.20%, while its profits have also increased by 84.8%. This is reflected in the company's low PEG ratio of 0.1, further solidifying its market-beating performance.

Overall, with its strong fundamentals, positive technical indicators, attractive valuation, and high institutional holdings, Ujjivan Financial Services is a stock worth considering for investors looking for a promising midcap finance company.