Goyal Aluminiums Reports Strong Q2 Results, Net Sales Up by 74.98%

Nov 13 2024 09:48 AM IST
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Goyal Aluminiums, a microcap trading company, has reported a positive financial performance in the second quarter of FY24-25. Its net sales have grown by 74.98% year on year, contributing to an overall improvement in its score from 6 to 9. MarketsMojo has given a 'Sell' call for its stock.
Goyal Aluminiums, a microcap trading company, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance in the second quarter of the fiscal year 2024-2025, with its score improving from 6 to 9 in the last 3 months according to MarketsMOJO.

One of the key factors contributing to this improvement is the company's net sales, which have grown by 74.98% year on year to reach Rs 21.68 crore. This is a significant increase and indicates a strong sales trend in the near term for Goyal Aluminiums.

The company's financial results have been well received by the market, with MarketsMOJO giving a 'Sell' call for its stock. This suggests that investors should consider selling their shares in Goyal Aluminiums at this time.

Overall, Goyal Aluminiums has shown a positive financial performance in the second quarter of FY24-25, with its net sales seeing a significant increase. However, it is important for investors to carefully consider their options and make informed decisions based on their own research and analysis.
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