Confidence Finance & Trading Reports Positive Financial Results for Q3 2023
Confidence Finance & Trading, a microcap company in the trading industry, has announced its financial results for the quarter ending December 2023. The company has shown a positive performance with its score improving from 1 to 6 in the last three months. The key factors contributing to this include the highest PBT, PAT, and EPS recorded in the last five quarters, indicating a positive trend in the company's growth and profitability.
Confidence Finance & Trading, a microcap company in the trading industry, has recently announced its financial results for the quarter ending December 2023. The results, declared on January 13, 2024, have received a 'Hold' call from MarketsMOJO.According to the financials, Confidence Finance has shown a positive performance in the quarter, with its score improving from 1 to 6 in the last three months. This is a significant improvement and reflects the company's efforts towards growth and profitability.
One of the key factors contributing to this positive performance is the company's Profit Before Tax less Other Income (PBT) for the quarter, which stands at Rs 0.49 crore. This is the highest PBT recorded in the last five quarters, indicating a positive trend in the near term. Similarly, the Profit After Tax (PAT) for the quarter is also at its highest in the last five quarters, at Rs 0.36 crore. This shows a positive trend in the company's profitability.
Furthermore, the company's Earnings per Share (EPS) for the quarter is at its highest in the last five quarters, at Rs 0.26. This indicates that Confidence Finance has been able to create higher earnings for its shareholders, showcasing its commitment towards creating value for its investors.
Overall, the financial results for the quarter ending December 2023 reflect a positive outlook for Confidence Finance & Trading. With its improving scores and positive trends in key financial metrics, the company is on track towards growth and profitability.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
