DMR Hydroengineering & Infrastructures Reports Decline in Q1 Financial Results
DMR Hydroengineering & Infrastructures, a microcap engineering company, reported a decline in revenue and net profit for the quarter ending March 2024, attributed to the economic slowdown and COVID-19 impact. Despite this, the company remains optimistic about its future, with new projects and cost-cutting measures in place. However, MarketsMojo has given a 'Sell' call for the company's stock, possibly due to its recent financial performance and overall economic conditions. Investors are advised to carefully consider their options before investing.
DMR Hydroengineering & Infrastructures, a microcap engineering company, has recently announced its financial results for the quarter ending March 2024. The company declared its results on April 25, 2024, with a stock call of 'Sell' by MarketsMOJO.According to the financial report, DMR Hydroengineering & Infrastructures saw a decline in its revenue by 10% compared to the previous quarter. The company's net profit also decreased by 15% in the same period. The decrease in revenue and profit can be attributed to the ongoing economic slowdown and the impact of the COVID-19 pandemic on the engineering industry.
Despite the decline in financial performance, DMR Hydroengineering & Infrastructures remains optimistic about its future prospects. The company has been actively pursuing new projects and expanding its client base. It has also implemented cost-cutting measures to improve its profitability.
However, MarketsMOJO, a leading financial analysis firm, has given a 'Sell' call for DMR Hydroengineering & Infrastructures' stock. This could be due to the company's recent financial performance and the overall economic conditions. Investors are advised to carefully consider their options before making any investment decisions.
DMR Hydroengineering & Infrastructures continues to be a key player in the engineering industry, providing innovative solutions and services to its clients. The company remains committed to delivering quality projects and maintaining its position as a trusted partner in the industry.
{{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
