Shree Pacetronix Reports Strong Financial Performance in Q1 2024
Shree Pacetronix, a microcap company in the medical equipment industry, has reported positive financial results for the quarter ending March 2024. The company's net sales, PBT, and PAT have all shown significant growth compared to the previous four quarters. MarketsMojo has given a 'Sell' call for the company's stock based on these results.
Shree Pacetronix, a microcap company in the medical equipment industry, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance in this quarter, with a score of 6 compared to -2 in the previous quarter.One of the key factors contributing to this positive performance is the growth in net sales. The company's net sales for the quarter were Rs 6.65 crore, which is a significant increase of 42.9% compared to the average net sales of the previous four quarters. This indicates a strong sales trend in the near term.
Another positive aspect of the financial results is the growth in Profit Before Tax less Other Income (PBT). The company's PBT for the quarter was Rs 1.97 crore, which is a growth of 50.4% compared to the average PBT of the previous four quarters. This shows a very positive trend in the near term.
The company's Profit After Tax (PAT) also saw a significant growth of 47.0% compared to the average PAT of the previous four quarters. This indicates a strong financial performance in the near term.
Based on these financial results, MarketsMOJO has given a 'Sell' call for Shree Pacetronix's stock. However, it is important to note that this is not a recommendation and should not be considered as such. This news article is purely informative and based on facts. Investors are advised to do their own research and analysis before making any investment 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
