Creative Casting's Financial Performance Declines in Q3 2024, MarketsMOJO Gives 'Strong Sell' Call.

Gross Profit Margin - Quarterly: At 19.7% has fallen from 21.4% in the previous quarter. This indicates a decrease in profitability for the company.
Operating Profit Margin - Quarterly: At 7.3% has fallen from 9.1% in the previous quarter. This shows a decline in the company's ability to generate profits from its operations.
Net Profit Margin - Quarterly: At 3.5% has fallen from 4.6% in the previous quarter. This indicates a decrease in the company's overall profitability.
Earnings Per Share (EPS) - Quarterly: At Rs 0.33 has fallen from Rs 0.44 in the previous quarter. This shows a decline in the company's earnings per share.
Debt to Equity Ratio - Quarterly: At 0.5 has remained stable from the previous quarter. This indicates that the company has a healthy balance between debt and equity.
Overall, Creative Casting has reported a decline in its financial performance for the quarter ending September 2024. The company's net sales, gross profit margin, operating profit margin, net profit margin, and earnings per share have all decreased compared to the previous quarter. However, the company's debt to equity ratio has remained stable, indicating a healthy balance sheet.
MarketsMOJO has given a 'Strong Sell' call for Creative Casting's stock, based on the company's financial performance. Investors should carefully consider this information before making any investment decisions.