Priya's Q1 Financial Results Receive 'Strong Sell' Rating from MarketsMOJO

Priya, a microcap trading company, recently announced its financial results for the quarter ending March 2024. The results, declared on May 31, have received a 'Strong Sell' rating from MarketsMOJO.

According to the financial report, Priya's performance has remained flat in the last quarter, with a score of -3 compared to 1 in the previous three months. This indicates a decline in the company's overall financial health.

One of the major factors contributing to this decline is the operating profit (PBDIT), which has been the lowest in the last five quarters at Rs -0.34 crore. The trend for near-term operating profit is also negative, indicating potential challenges for the company in the coming months.

Similarly, the profit before tax less other income (PBT) has also been the lowest in the last five quarters at Rs -1.23 crore. This trend is also negative, suggesting a decrease in profitability for the company.

The earnings per share (EPS) for the quarter have also been the lowest in the last five quarters at Rs -3.97. This indicates a decline in profitability and lower earnings for shareholders.

Based on these financial results, MarketsMOJO has given a 'Strong Sell' rating for Priya's stock. It is important for investors to carefully consider these factors before making any investment decisions.