Sir Shadi Lal Enterprises Reports Negative Financial Results, MarketsMOJO Recommends 'Sell' Call

Sir Shadi Lal Enterprises, a microcap company in the sugar industry, recently announced its financial results for the quarter ending June 2024. The results have been declared on July 31, 2024.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Sir Shadi Lal is 'Sell'. This is based on the negative financial performance of the company in the last quarter.

The company's score has fallen from 19 to -6 in the last three months, indicating a significant decline in its financial health. The main factors contributing to this decline are the company's Profit After Tax (PAT), Net Sales, and Earnings per Share (EPS).

The PAT for the quarter stands at Rs -33.59 crore, which is a decrease of 1394.5% compared to the average PAT of the previous four quarters. This indicates a very negative trend in the company's near-term profitability.

Similarly, the Net Sales for the quarter have fallen by 16.6% compared to the average Net Sales of the previous four quarters. This is a cause for concern as it shows a decline in the company's sales performance.

The EPS for the quarter is at its lowest in the last five quarters, standing at Rs -63.98. This indicates a declining profitability and lower earnings for shareholders.

Based on these financial results, MarketsMOJO has recommended a 'Sell' call for Sir Shadi Lal Enterprises. Investors should carefully consider these factors before making any investment decisions.