Sumedha Fiscal Services Receives 'Sell' Rating from MarketsMOJO Due to Weak Fundamentals and Underperformance in Market

Sumedha Fiscal Services, a microcap finance company, has recently received a 'Sell' rating from MarketsMOJO. This downgrade is based on several factors, including weak long-term fundamental strength with an average Return on Equity (ROE) of 7.68% and poor long-term growth with an annual operating profit growth rate of -26.55%.
Technically, the stock is currently in a Mildly Bearish range and has underperformed the market in the last year. While the market (BSE 500) has generated returns of 33.24%, Sumedha Fiscal Services has seen negative returns of -28.10%.

Other factors that may have contributed to the 'Sell' rating include the company's positive results for the last three consecutive quarters, with a 146.64% growth in PAT (9M) and a 23.96% growth in NET SALES (9M). Additionally, with a ROE of 8.3 and a price to book value of 0.7, the stock is currently trading at an attractive valuation compared to its historical average.

It is worth noting that the majority of shareholders in Sumedha Fiscal Services are non-institutional investors. While the stock has seen a negative return of -28.10% in the past year, its profits have actually increased by 85.2%, resulting in a low PEG ratio of 0.1.

Overall, the downgrade to 'Sell' by MarketsMOJO highlights the current weaknesses in Sumedha Fiscal Services and suggests caution for potential investors.