Modella Woollens Reports Positive PBT Trend in Latest Financial Results
Modella Woollens, a microcap company in the trading industry, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.According to the financial report, Modella Woollens has seen a flat performance in the quarter, with a score of 1 compared to 2 in the previous quarter. However, there are some positive aspects to the company's financials.
One of the highlights is the Profit Before Tax less Other Income (PBT) for the quarter, which is the highest in the last five quarters at Rs -0.05 crore. This shows a positive trend in the near term for the company's PBT.
Modella Woollens is a microcap company, meaning it has a small market capitalization. It operates in the trading industry, which involves buying and selling goods or services. The company's financial results for the quarter ending December 2023 provide valuable insights for investors and stakeholders.
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