H. S. India's Financial Report Shows Growth in Profits, But 'Sell' Call from MarketsMOJO.
H. S. India, a microcap hotel company, reported its financial results for the quarter ended March 2024. Despite a 'Sell' call from MarketsMojo, the company's PAT for the half-yearly period has increased from Rs 0.96 crore to Rs 1.05 crore, showing growth in profits. However, MarketsMojo's 'Sell' call suggests caution for investors.
H. S. India, a microcap company in the hotel industry, recently announced its financial results for the quarter ended March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a decline in its financial performance.According to the financial report, H. S. India's score has dropped from 9 to 3 in the last 3 months, indicating a flat performance. However, there are some positive aspects to the company's financials for the quarter. The Profit After Tax (PAT) for the half-yearly period is higher at Rs 1.05 crore compared to the preceding 12-month period of Rs 0.96 crore. This shows a growth in the company's profits in just half a year.
Despite the decline in the overall score, H. S. India has managed to surpass its PAT for the previous 12 months in just half a year. This could be a positive sign for the company's future financial performance. However, it is important to note that MarketsMOJO has given a 'Sell' call for the company's stock, indicating a potential decline in its value. Investors should carefully consider this information before making any investment decisions.
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