Anupam Finserv's Q2 FY25 Financial Results Show Concerning Decline in Performance
Anupam Finserv, a microcap finance company, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.
According to the financial report, Anupam Finserv’s performance for the quarter has been flat, with a score of -2 compared to 1 in the previous quarter. This decline in score is a cause for concern for the company.
One of the major factors contributing to this decline is the company’s earnings per share (EPS), which is at its lowest in the last five quarters at Rs 0.01. This indicates a decline in profitability and a lower return for shareholders.
Moreover, the company’s cash and cash equivalents have also seen a decline, with the lowest amount of Rs 0.29 crore in the last six half-yearly periods. This indicates a deteriorating short-term liquidity for the company.
Overall, the financial results for the quarter have not been favorable for Anupam Finserv. Investors and stakeholders should closely monitor the company’s performance in the upcoming quarters to make informed decisions.
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