Ruchira Papers Reports Negative Financial Results for Q1 2024, Receives 'Sell' Rating
Ruchira Papers, a microcap company in the paper and paper products industry, has reported a negative performance in the quarter ending March 2024. The company's PBT and PAT have decreased by 37% and 34% respectively, leading to a 'Sell' call by MarketsMojo. Net sales were also down by 5.6%, indicating a negative trend.
Ruchira Papers, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.
According to the financial report, Ruchira Papers has seen a negative performance in the quarter, with a score of -13, which has improved from -20 in the last three months. This indicates a decline in the company's financial health.
The main factors contributing to this negative performance are the decrease in Profit Before Tax (PBT) and Profit After Tax (PAT). The PBT for the quarter was Rs 12.03 crore, which is a 37% decrease from the average PBT of the previous four quarters. Similarly, the PAT for the quarter was Rs 9.64 crore, a 34% decrease from the average PAT of the previous four quarters.
The company's net sales for the quarter were also down by 5.6% compared to the average net sales of the previous four quarters. This indicates a negative trend in the company's sales performance.
Overall, Ruchira Papers' financial results for the quarter ending March 2024 have been disappointing, leading to a 'Sell' call by MarketsMOJO. Investors should keep a close eye on the company's future financial performance to make informed decisions.
{{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
