Supra Pacific Management Consultancy Receives 'Sell' Rating from MarketsMOJO Due to Weak Fundamentals and High Valuation

Supra Pacific Management Consultancy, a microcap company in the finance/NBFC industry, has recently received a 'Sell' rating from MarketsMOJO on 2024-03-26. This downgrade is based on the company's weak long-term fundamental strength, with an average Return on Equity (ROE) of 3.20%. Additionally, the stock is currently trading at a premium compared to its historical valuations, with a price to book value of 2.7.
Despite a strong return of 68.51% in the past year, the company's profits have only risen by 25%, resulting in a high PEG ratio of 2.3. However, Supra Pacific Management Consultancy has declared positive results for the last 5 consecutive quarters, with a significant growth in net sales of 113.01% and a highest PBDIT (Profit Before Depreciation, Interest, and Taxes) of Rs 3.88 cr.

Technically, the stock is currently in a mildly bullish range, with multiple factors such as MACD, Bollinger Band, and KST indicating a bullish trend. Despite the recent downgrade, Supra Pacific Management Consultancy has outperformed the market (BSE 500) with a return of 68.51% in the last year, compared to the market's return of 39.26%.

Investors should carefully consider the company's weak fundamental strength and expensive valuation before making any investment decisions. This news article is for informational purposes only and does not constitute a recommendation to buy or sell the stock. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.