IFCI - Next big thing?

19 Sep 2023

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

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