Shashijit Infraprojects Receives 'Sell' Call from MarketsMOJO After Decline in Financial Performance

Shashijit Infraprojects, a microcap company in the construction and real estate industry, recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Shashijit Infra. has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 1 to -4 in the last three months, indicating a decline in its financial performance.

One of the major factors contributing to this decline is the net sales, which have shown a negative growth of -21.39% year on year, standing at Rs 19.07 crore. The near-term sales trend for the company is also negative.

In terms of operating profit, Shashijit Infra. has recorded its lowest figure of Rs -0.04 crore in the last five quarters. The near-term trend for operating profit is also negative.

Similarly, the company's profit before tax (PBT) less other income has also shown a negative trend, with the lowest figure of Rs -0.43 crore in the last five quarters. This indicates a decline in the company's profitability in the near term.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Shashijit Infraprojects. Investors should carefully consider these factors before making any investment decisions.