Meghna Infracon Infrastructure Sees Revision in Stock Evaluation Amid Strong Fundamentals Meghna Infracon Infrastructure, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently experienced a revision in its stock evaluation by MarketsMOJO. This adjustment reflects the company's strong long-term fundamental strength, highlighted by an average Return on Equity (ROE) of 15.22%. The stock is currently positioned within a bullish technical range, showing improvement from a mildly bullish trend noted earlier in December. This positive momentum has resulted in a modest return since the last assessment. Key technical indicators, including MACD and Bollinger Bands, suggest a favorable outlook for the stock. Despite a remarkable performance over the past year, where it generated returns of 225.79% and consistently outperformed the BSE 500 over the last three years, the company faced challenges in its latest quarterly results. Following four consecutive positive quarters, Meghna Infracon reported a significant decline in net sales and profits for September 2024. Additionally, the stock has been added to MarketsMOJO's list, indicating a noteworthy recognition in the market. However, the company's high valuation, reflected in its Price to Book ratio, raises questions about its attractiveness to domestic mutual funds, which currently hold no stake in the company.

Meghna Infracon Infrastructure, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects the company's strong long-term fundamental strength, highlighted by an average Return on Equity (ROE) of 15.22%.
The stock is currently positioned within a bullish technical range, showing improvement from a mildly bullish trend noted earlier in December. This positive momentum has resulted in a modest return since the last assessment. Key technical indicators, including MACD and Bollinger Bands, suggest a favorable outlook for the stock.

Despite a remarkable performance over the past year, where it generated returns of 225.79% and consistently outperformed the BSE 500 over the last three years, the company faced challenges in its latest quarterly results. Following four consecutive positive quarters, Meghna Infracon reported a significant decline in net sales and profits for September 2024.

Additionally, the stock has been added to MarketsMOJO's list, indicating a noteworthy recognition in the market. However, the company's high valuation, reflected in its Price to Book ratio, raises questions about its attractiveness to domestic mutual funds, which currently hold no stake in the company.