Gravity (India) Reports Flat Performance in Q1 FY25, Receives 'Strong Sell' Rating from MarketsMOJO

Aug 07 2024 09:05 PM IST
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Gravity (India) has reported a flat performance for the quarter ending June 2024, with a low score of 0, indicating weak financial performance. MarketsMojo has given a 'Strong Sell' call for the stock, suggesting it is overvalued. Investors should conduct their own research before investing in Gravity (India) stock.

On August 7, 2024, Gravity (India) announced its financial results for the quarter ending June 2024. The textile company, which falls under the microcap category, reported a flat performance for the quarter.

According to the financial report, Gravity (India) has shown an improvement in its score, moving from -9 to 0 in the last 3 months. However, this score is still considered low and indicates that the company’s financial performance is not strong.


MarketsMOJO, a leading financial analysis platform, has given a ‘Strong Sell’ call for Gravity (India) stock. This means that the platform believes the stock is overvalued and investors should consider selling their shares.


It is important to note that this news article is based on facts and does not include any speculation or opinions from experts or investors. The information provided is solely from the company’s financial report and the analysis of a reputable financial platform. Investors are advised to do their own research and make informed decisions before investing in Gravity (India) stock.


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