Motisons Jewellers, a small-cap player in the diamond and gold jewellery industry, has recently received an upgraded stock call to ‘Hold’ by MarketsMOJO as of January 13, 2025. The company reported positive financial performance for the second quarter of FY24-25, showcasing a robust annual growth rate of 31.18% in operating profit.
In September 2024, Motisons Jewellers achieved significant milestones, with its operating profit to interest ratio reaching a high of 9.13 times. The profit before tax, excluding other income, stood at Rs 15.02 crore, while the profit after tax was recorded at Rs 10.40 crore, reflecting a growth of 24.8%.
The stock is currently in a mildly bullish range, having improved from a mildly bearish trend observed on January 10, 2025. The technical outlook has shown a bullish on-balance volume since that date. With a return on capital employed (ROCE) of 14.4 and a fair valuation indicated by a 6 enterprise value to capital employed ratio, the company has also seen a 12.06% return over the past year, alongside a 46% increase in profits. Institutional investors have raised their stake by 0.54%, now holding a total of 0.97% of the company.
