IFCI - Next big thing?IFCI Limited is a financial institution that caters to the long-term finance needs of the industrial sector. The Company offers a range of debt products based on the specific requirements of the corporate.
P/B: 1.45
Mkt Cap (Rs. Cr.): 4,643
Sector PE: 8.45
Book Value Per Share: 12.87
Positives:
Strong Momentum: Price above short, medium and long term moving averages
MACD Crossover Above Signal Line
New 52 week high today
Effectively using its capital to generate profit - RoCE improving in last 2 years
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company reducing Debt
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
Stock gained more than 20% in one month
Highest Recovery from 52 Week Low
Decrease in Provision in recent results
RSI indicating price strength
High Volume, High Gain
Negatives:
Red Flag: High Interest Payments Compared to Earnings
MFs decreased their shareholding last quarter
Low Piotroski Score : Companies with weak financials
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
