SMC Global Securities Experiences Notable Revision in Evaluation Amid Strong Growth Metrics

SMC Global Securities has recently seen a revision in its evaluation by MarketsMOJO, reflecting the company's strong long-term fundamentals and impressive growth metrics. The finance and non-banking financial company (NBFC), categorized as a small-cap stock, has demonstrated a robust annual growth rate of 27.25% in operating profits, underscoring its healthy financial trajectory.
The company has reported positive results for the last five consecutive quarters, with a notable increase in profit after tax (PAT) for the half-year at Rs 98.31 crore, marking a growth of 41.23%. Additionally, net sales for the same period reached Rs 898.81 crore, growing at 28.23%. With a return on equity (ROE) of 18.3 and a price-to-book value of 1.2, SMC Global Securities is positioned with an attractive valuation.

Institutional investors have shown increased participation, raising their stake by 0.91% in the last quarter, which reflects confidence in the company's fundamentals. Over the past year, SMC Global Securities has outperformed the market, generating a return of 32.79%, significantly higher than the BSE 500's 16.86%. The stock has been added to MarketsMOJO's list, indicating a noteworthy adjustment in its standing within the market.