MAS Financial Services: Strong Case For Comeback. MAS Financial Services Ltd. engages in the provision of financial services. It offers micro enterprise loans, small-medium enterprise loans, two-wheeler loans, commercial vehicle loans, agri-based loans, loans to micro financial institutions, housing loans, commercial loans, and project loans for real estate projects to customers. Closing price is 309.25.
The positive aspects of the company are Attractive Valuation (P.E. = 16.6), Companies with Zero Promoter Pledge, Annual Net Profits improving for last 2 years, Company able to generate Net Cash - Improving Net Cash Flow for last 2 years, FII / FPI or Institutions increasing their shareholding and MFs increased their shareholding last quarter. The Negative aspects of the company are Stocks Underperforming their Industry Price Change in the Quarter and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 311 Historical Resistance in the stock will be 316, 323 and 330 PEAK Historic Resistance in the stock will be 339 and 350. Stop loss in the stock should be maintained at Closing below 294.
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