Prakash Steelage's Stock Receives 'Sell' Call from MarketsMOJO, Despite Strong Financial Performance

MarketsMOJO has given a 'Sell' call for Prakash Steelage's stock, citing a decrease in the company's financial score from 15 to 7 in the last 3 months. However, the company has shown positive growth in key areas such as Profit After Tax (PAT) and Inventory Turnover Ratio. The PAT has grown by 462.32% year on year, indicating a strong financial performance. The company has also been able to sell its inventory faster and settle its debtors in a timely manner.

On the downside, the company's net sales for the quarter have fallen by -8.4% compared to the previous four quarters. This has resulted in a negative near-term sales trend. Despite this, Prakash Steelage has already surpassed its sales from the previous 12 months in the first nine months of the current financial year.

Investors should take note of Prakash Steelage's positive financial performance in the last quarter, but also consider the decrease in net sales. MarketsMOJO's 'Sell' call should be taken into consideration, but investors should also do their own research and analysis before making any investment decisions. Prakash Steelage, a microcap company in the trading industry, has shown potential for growth in the future.