Kesar Terminals & Infrastructure Receives Strong Sell Rating After Declaring Negative Q4 Results

Kesar Terminals & Infrastructure, a microcap company in the miscellaneous industry, has recently announced its financial results for the quarter ending December 2023. The results, declared on February 1, 2024, have received a "Strong Sell" call from MarketsMOJO.

According to the financial report, Kesar Terminals has seen a negative performance in the quarter, with a score of -13. However, this is an improvement from the previous quarter's score of -28. The company's financials have been on a downward trend in the last three months.

One of the major factors contributing to this negative performance is the company's interest expenses, which have grown by 356.91% in the last half-year period. This increase in interest costs indicates that the company has taken on more borrowings, which could potentially lead to a strained liquidity situation.

Moreover, Kesar Terminals' debt-equity ratio is at its highest at -0.95 times and has been growing each half-year in the last five periods. This further highlights the company's reliance on borrowing to fund its operations.

In conclusion, based on the financial results for the quarter ending December 2023, Kesar Terminals & Infrastructure has received a "Strong Sell" call from MarketsMOJO. The company's increasing interest expenses and debt-equity ratio are areas of concern and could impact its financial stability in the future.