Reliable Ventures India Reports Flat Performance in Q4, MarketsMOJO Gives 'Sell' Call
Reliable Ventures India, a microcap hotel company, reported flat performance in the last quarter. MarketsMojo has given a 'Sell' call based on declining operating profit and profit before tax. Despite this, the company remains dedicated to providing quality services and is working towards improving its financials.
Reliable Ventures India, a microcap company in the hotel industry, recently announced its financial results for the quarter ending December 2023. The company's performance has remained flat in the last three months, according to the latest report.
However, MarketsMOJO has given a 'Sell' call for Reliable Ventures India's stock. This is based on the company's financials for the quarter, which show a decline in operating profit (PBDIT) and profit before tax (PBT) compared to the previous five quarters. The company's earnings per share (EPS) have also decreased, indicating a decline in profitability and lower returns for shareholders.
Despite these challenges, Reliable Ventures India remains committed to providing quality services in the hotel industry. The company is continuously working towards improving its financial performance and delivering value to its stakeholders. As a microcap company, Reliable Ventures India has the potential to grow and make a positive impact in the industry.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
