Master Trust Shows Strong Fundamentals Amid Shift to Bearish Technical Trend

Master Trust, a small-cap player in the finance/NBFC sector, has recently undergone an adjustment in evaluation, reflecting a nuanced view of its market position. The company has demonstrated strong long-term fundamental strength, highlighted by an average Return on Equity (ROE) of 17.04%. Additionally, Master Trust has reported impressive growth metrics, with net sales increasing at an annual rate of 35.87% and operating profit rising by 51.30%.
Despite these positive indicators, the stock's technical trend has shifted, now positioned within a bearish range. This change is supported by various technical factors, including RSI and MACD, which suggest a cautious outlook. Notably, domestic mutual funds hold a negligible stake in the company, which may indicate a lack of confidence in its current valuation or business model.

Master Trust has consistently delivered positive results over the last seven quarters, with a PAT of Rs 72.04 crore reflecting a growth of 41.06%. The company also boasts a robust cash position, with cash and cash equivalents reaching Rs 1,540.36 crore.

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