R&B Denims' Q1 2024 Financial Results Show Strong Growth and Potential for Investors

May 15 2024 09:45 PM IST
share
Share Via
R&B Denims has reported a strong financial performance in the quarter Mar 2024, with significant growth in PBT and PAT. Their net sales have also increased, indicating a high demand for their products. MarketsMojo has given a 'Buy' call for their stock, highlighting the company's potential for growth in the textile industry.

Overall, R&B Denims has shown a strong financial performance in the quarter Mar 2024. The company's PBT and PAT have seen significant growth year on year, indicating a positive trend in their profitability. Additionally, their net sales have also increased, showing a strong demand for their products. The company's ability to manage interest payments has also improved, with a high operating profit to interest ratio.

Based on these positive financial results, MarketsMOJO has given a 'Buy' call for R&B Denims' stock. This is a testament to the company's strong performance and potential for growth in the textile industry. Investors can be confident in the company's financial stability and future prospects.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News