Goyal Aluminiums Reports Mixed Financial Results, Receives 'Strong Sell' Rating from MarketsMOJO
Goyal Aluminiums, a microcap trading company, reported a flat performance in the quarter ending December 2023, with a score of -4. However, the company's Profit After Tax (PAT) was the highest in the last five quarters at Rs 0.69 crore. Net sales have fallen by -25.19% YoY, with a negative trend. Investors should carefully consider the 'Strong Sell' rating given by MarketsMojo before investing.
Goyal Aluminiums, a microcap trading company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.
According to the financial report, Goyal Aluminiums has seen a flat performance in the quarter, with a score of -4 compared to 0 in the previous quarter. However, there are some positive aspects to the company's financials. The Profit After Tax (PAT) for the quarter was the highest in the last five quarters, at Rs 0.69 crore. The near-term trend for PAT is also positive.
On the other hand, the company's net sales for the quarter have fallen by -25.19% Year on Year (YoY), at Rs 14.85 crore. The near-term trend for sales is also very negative.
Despite the mixed financial performance, Goyal Aluminiums remains a microcap company in the trading industry. It is important for investors to carefully consider the company's financials and the 'Strong Sell' rating given by MarketsMOJO before making any investment decisions.
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