Unick Fix-A-Form And Printers Receives Upgraded Stock Call and Shows Positive Growth in Recent Quarter

Unick Fix-A-Form And Printers, a microcap pharmaceutical and printing company, has recently received an upgraded stock call from MarketsMOJO. The stock has been upgraded to a 'Hold' rating on October 16, 2024.
The company has shown positive results in the quarter ending June 2024, with a growth of 98.26% in its Profit After Tax (HY) at Rs 2.28 crore. Its net sales for the quarter were also at its highest at Rs 15.58 crore, while its PBDIT (Q) reached a record high of Rs 2.87 crore.

Technically, the stock is currently in a bullish range and has shown improvement from a mildly bullish trend on October 16, 2024. Multiple factors such as MACD, Bollinger Band, KST, and OBV are all indicating a bullish trend for the stock.

The majority shareholders of Unick Fix-A-Form And Printers are its promoters, which is a positive sign for investors. The company has also shown a market-beating performance in both the long term and near term. In the last 1 year, the stock has generated a return of 50.62% and has outperformed BSE 500 in the last 3 years, 1 year, and 3 months.

However, the company's long-term fundamental strength is weak, with a -3.66% CAGR growth in operating profits over the last 5 years. This may be a cause for concern for investors, but the recent positive results and bullish technical trend may indicate a potential turnaround for the company.

Overall, with the upgraded stock call to 'Hold' and positive results in the recent quarter, Unick Fix-A-Form And Printers may be a stock to watch out for in the pharmaceutical and printing industry.