Arihant's Securities Shows Positive Growth in Financial Results Amidst 'Sell' Call

Arihant's Securities, a microcap finance company, 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, Arihant's Securities has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been a slight improvement in the company's score, which has increased from 0 to 2 in the last three months.

One of the key highlights of the financial results is the increase in Profit After Tax (PAT) for the half-yearly period. The company's PAT for the first six months of the fiscal year stands at Rs 1.32 crore, which is higher than the preceding 12-month period ending in September 2024, where the PAT was Rs 1.03 crore. This indicates a positive trend for the company, as it has already surpassed its PAT for the previous 12 months in just half a year.

Investors and experts are closely monitoring the performance of Arihant's Securities, especially after the 'Sell' call by MarketsMOJO. The company's financial results will continue to be a key factor in determining its future growth and success in the finance/NBFC industry.