Bonlon Industrie's Q1 results show improvement, but MarketsMOJO gives 'Strong Sell' call.

Despite the positive financial performance, MarketsMOJO has given a 'Strong Sell' call for Bonlon Industrie's stock. This could be due to various factors such as the company's size being a microcap and the industry being non-ferrous metal, which may not be performing well in the current market conditions.

However, Bonlon Industrie's financial results for the quarter ending March 2024 have shown improvement with a score of 7 out of 10, compared to a score of 2 in the previous quarter. This indicates that the company has been able to increase its profitability and create higher earnings for its shareholders.

The company's Profit After Tax (PAT) for the quarter was the highest in the last five quarters at Rs 0.82 crore, showing a positive trend in the near term. Similarly, the Earnings per Share (EPS) for the quarter was also the highest in the last five quarters at Rs 0.58, indicating increasing profitability.

However, the company's Net Sales for the half-yearly period have shown a decline of -35.23% Year on Year (YoY) at Rs 211.27 crore. This could be a cause for concern as the near term sales trend is also negative.

Despite the mixed financial results, it is important to note that this article is based on facts and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.