Yamini Investment Company Receives Upgraded Stock Call from MarketsMOJO, Showing Positive Results and Bullish Trend

Yamini Investment Company, a microcap finance company, has recently received an upgraded stock call from MarketsMOJO. The company's stock has been upgraded to 'Hold' on October 21, 2024.
The decision to upgrade the stock to 'Hold' is based on positive results in the first half of 2024. The company's net sales have increased to Rs 6.64 crore, while its PBDIT (profit before depreciation, interest, and taxes) and PBT (profit before tax) have also shown significant growth, reaching the highest at Rs 1.58 crore.

Technically, the stock is currently in a bullish range and has shown improvement since October 18, 2024, generating a return of 4.97%. Multiple factors, such as MACD, Bollinger Band, and KST, indicate a bullish trend for the stock.

Yamini Investment Company has majority shareholders who are non-institutional investors. The company has also shown market-beating performance in the long term, with a return of 134.72% in the last year. It has also outperformed BSE 500 in the last 3 years, 1 year, and 3 months.

However, the company's long-term fundamental strength is weak, with an average return on equity (ROE) of 0.30%. Its operating profit has only grown at an annual rate of 20.87%, indicating poor long-term growth.

In terms of valuation, the stock has an expensive valuation with a price to book value of 1.3 and an ROE of 1.9. However, it is currently trading at a discount compared to its average historical valuations.

Despite the stock's impressive return of 134.72% in the last year, its profits have only increased by 105%, resulting in a PEG ratio of 0.2. This suggests that the stock may be undervalued and has potential for future growth.

Overall, MarketsMOJO's upgraded stock call on Yamini Investment Company to 'Hold' is based on its recent positive results and bullish technical trend. However, investors should also consider the company's weak long-term fundamental strength and expensive valuation before making any investment decisions.