GNA Axles reports highest PAT and EPS in five quarters, receives 'Hold' call from MarketsMOJO

GNA Axles, a smallcap auto ancillary company, has recently declared its financial results for the quarter ended September 2024. The company has reported a flat performance for the quarter, with a score of 0 compared to -10 in the previous quarter. Despite the flat performance, there are some positive aspects to GNA Axles' financials. The company has recorded its highest Profit After Tax (PAT) in the last five quarters, at Rs 28.53 crore. This shows a positive trend in the near term for the company's profitability. Additionally, the company's Earnings per Share (EPS) for the quarter also saw an increase, reaching its highest at Rs 6.65 in the last five quarters. This indicates that GNA Axles has been able to create higher earnings for its shareholders. MarketsMOJO, a leading financial analysis platform, has given a 'Hold' call for GNA Axles' stock. This means that investors should hold onto their current positions in the company's stock and not make any new investments. Overall, GNA Axles' financial results for the quarter Sep 2024 show a positive trend in terms of profitability and earnings, which could be promising for the company's future performance.