Vasundhara Rasayans Reports Strong Growth in Q2, Receives 'Sell' Call from MarketsMOJO

Vasundhara Rasayans, a microcap company in the chemicals industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Vasundhara Rasayans has shown a flat performance in the second quarter of the fiscal year 2024-25. However, there has been an improvement in the company's score, which has increased from -3 to 4 in the last three months.

The company's Profit After Tax (PAT) for the nine-month period has seen a significant growth of 60.43% year on year, reaching Rs 4.46 crore. This indicates a positive trend in the near term for the company's profitability. Moreover, the PAT for the nine-month period is higher at Rs 4.46 crore compared to the preceding 12-month period ending in September 2024, which was Rs 4.16 crore. This shows that the company has already surpassed its sales from the previous 12 months in just nine months.

Overall, the financial results for the quarter ending September 2024 show a promising performance for Vasundhara Rasayans. However, MarketsMOJO has given a 'Sell' call for the company's stock, which investors should take into consideration before making any investment decisions.