Brijlaxmi Leasing & Finance: A Microcap Company with Positive Outlook and Strong Growth Potential

Brijlaxmi Leasing & Finance, a microcap finance company, has recently caught the attention of investors. The stock has been upgraded to a 'Hold' by MarketsMOJO on July 10, 2024.
The technical trend for the stock has improved from Mildly Bullish to Bullish, indicating a positive outlook. This is supported by factors such as MACD, Bollinger Band, and KST, all of which are currently in a bullish range.

In terms of valuation, Brijlaxmi Leasing & Finance has an attractive ROE of 17.8 and a price to book value of 1.2. The stock is currently trading at a fair value compared to its historical valuations.

Over the past year, the stock has generated a return of 100.50%, while its profits have increased by 64%. This is reflected in the company's PEG ratio of 0, which indicates a healthy growth potential.

The majority of the company's shareholders are non-institutional, which could be a positive sign for retail investors.

However, Brijlaxmi Leasing & Finance has shown weak long-term fundamental strength with an average ROE of 2.14%. In the last quarter, the company's results were flat, with PBDIT(Q) at Rs 0.18 cr, PBT LESS OI(Q) at Rs -0.15 cr, and EPS(Q) at Rs -0.03.

Despite this, the stock has consistently outperformed BSE 500 in the last 3 annual periods, making it a potential hold for investors. With a neutral and informative tone, it is important to note that this article is not a recommendation and is based solely on facts.