Thakral Services Declares Negative Financial Results, Receives 'Strong Sell' Call from MarketsMOJO

Aug 16 2024 04:46 PM IST
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Thakral Services, a microcap company in the electric equipment industry, has reported a negative financial performance for the quarter ending June 2024. The company's stock has been given a 'Strong Sell' call by MarketsMojo, with a decline in net sales and profit after tax. Investors should exercise caution when considering this company for investment.
Thakral Services, a microcap company in the electric equipment industry, recently declared its financial results for the quarter ending June 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, Thakral Services has seen a negative performance in the quarter, with a score of -6 compared to -2 in the previous quarter. This indicates a decline in the company's overall financial health.

One of the major factors contributing to this decline is the net sales, which have decreased by 48.91% year on year, standing at Rs 7.50 crore. The near-term sales trend for the company is also very negative.

Similarly, the profit after tax (PAT) has also seen a decline of 48.91% year on year, with a value of -0.45 crore. This indicates a negative trend in the company's profitability in the near term.

Thakral Services has not received a positive outlook from MarketsMOJO, with a 'Strong Sell' call for its stock. This suggests that investors should exercise caution while considering this company for investment.

It is important to note that this article is based on the company's financial performance and does not include any external data or sources. It is intended to provide a neutral and informative tone, without any recommendations or mention of future potential or investor interest.
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