Wallfort Financial Services Receives Upgraded Stock Call from MarketsMOJO, Showing Strong Growth and Attractive Valuation

Wallfort Financial Services, a microcap company in the finance/NBFC industry, has recently received an upgraded stock call from MarketsMOJO. The stock has been upgraded to 'Hold' on November 18, 2024.
The company has shown positive results for the last 6 consecutive quarters, with a significant growth in net sales, PBT less OI, and PAT. This growth can be attributed to multiple factors, including a mildly bullish technical range and bullish indicators such as MACD, Bollinger Band, and KST.

With a ROE of 21.3, the stock is currently trading at an attractive valuation with a price to book value of 0.8. It is also trading at a fair value compared to its historical valuations. In the past year, the stock has generated a return of 52.52%, while its profits have increased by 52.8%. The PEG ratio of the company is 0.1, indicating a strong performance.

The majority shareholders of Wallfort Financial Services are the promoters, which is a positive sign for investors. The stock has also shown market-beating performance in the long term, outperforming BSE 500 in the last 3 years, 1 year, and 3 months.

However, the company does have weak long-term fundamental strength, with an average ROE of 11.99%. The long-term growth has also been poor, with net sales growing at an annual rate of 48.02% and operating profit at -15.04%. Despite this, the stock has shown promising growth in the near term and has the potential to continue its positive performance in the future.