Tilak Ventures Receives 'Sell' Rating from MarketsMOJO Due to Weak Fundamentals and Slow Growth

Tilak Ventures, a microcap company in the finance/NBFC industry, has recently received a 'Sell' rating from MarketsMOJO on 2024-03-04. This downgrade is based on weak long-term fundamental strength, with an average Return on Equity (ROE) of 1.96% and poor long-term growth as Net Sales has only grown by an annual rate of 48.17%.
Other factors contributing to the 'Sell' rating include the company's positive results for the last 5 consecutive quarters, with higher NET SALES(9M) at Rs 9.34 cr and PAT(9M) at Rs 3.11 Cr. However, the PBDIT(Q) is at its highest at Rs 0.94 cr.

Technically, the stock is in a mildly bullish range with multiple factors such as MACD, Bollinger Band, and KST showing bullish signals. With a ROE of 5.7, the stock has a fair valuation with a 2.1 Price to Book Value. It is also currently trading at a discount compared to its average historical valuations.

In the past year, Tilak Ventures has generated a return of 74.87%, while its profits have risen by 303.9%. This has resulted in a low PEG ratio of 0.1 for the company. The majority shareholders of Tilak Ventures are the promoters.

Despite its market-beating performance in the long term, with outperforming BSE 500 in the last 3 years, 1 year, and 3 months, MarketsMOJO has downgraded Tilak Ventures to a 'Sell' due to its weak long-term fundamentals and slow growth. Investors are advised to carefully consider these factors before making any investment decisions.