Sonal Adhesives Reports Flat Performance in Q4, Net Sales Grow by 22.48%

Feb 12 2024 09:05 PM IST
share
Share Via
Sonal Adhesives, a microcap company in the plastic products industry, has reported a flat performance in the quarter ending December 2023, with a score of 4 compared to -1 in the previous quarter. While net sales have shown a positive growth of 22.48%, the company's earnings per share have declined to Rs 0.30. Investors should carefully evaluate the company's financials and market trends before making any investment decisions.

Sonal Adhesives, a microcap company in the plastic products industry, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Sonal Adhesives has shown a flat performance in the quarter, with a score of 4 compared to -1 in the previous quarter. However, there are some positive aspects to the company's performance. The net sales for the quarter have grown by 22.48% year on year, reaching Rs 25.44 crore. This indicates a positive trend in the company's sales in the near term.

On the other hand, the company's earnings per share (EPS) for the quarter were at its lowest in the last five quarters, at Rs 0.30. This shows a decline in profitability and a lower return for shareholders.

Despite the mixed performance, Sonal Adhesives remains a microcap company in the plastic products industry. It is important for investors to carefully consider the company's financials and market trends before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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