Ashish Polyplast's Q3 financial results show positive trends in operating profit and PBT
Ashish Polyplast, a microcap company in the plastic products industry, reported a flat performance for the quarter ending September 2024. However, the company's operating profit and profit before tax less other income were the highest in the last five quarters, indicating a positive trend in the near term. According to MarketsMojo, the stock call for Ashish Polyplast is currently 'Sell'.
Ashish Polyplast, a microcap company in the plastic products industry, recently declared its financial results for the quarter ending September 2024. The results showed a flat performance for the company, with a score of 2 out of 3 in the last 3 months. Despite this, there are some positive aspects to Ashish Polyplast's financials. The company's operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs 0.22 crore. This indicates a positive trend in the near term for the company's operating profit. Similarly, the profit before tax less other income (PBT) for the quarter was also the highest in the last five quarters, at Rs 0.15 crore. This suggests a positive trend in the near term for the company's PBT as well.
However, according to MarketsMOJO, a stock market analysis and recommendation platform, the stock call for Ashish Polyplast is currently 'Sell'. This is based on the company's financial performance and other factors.
It is important to note that this news article is based solely on the information provided by the company and does not include any external data or sources. It is intended to provide a neutral and informative overview of Ashish Polyplast's recent financial results.
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