Kanel Indust. Reports Lowest Quarterly Profits in Five Quarters, MarketsMOJO Gives 'Sell' Call

Net Profit - Quarterly: Lowest at Rs -0.25 cr. in the last five quarters.Near term Net Profit trend is negative.
Revenue - Quarterly: Lowest at Rs 0.01 cr. in the last five quarters.Near term Revenue trend is negative.
Earnings Per Share (EPS) - Quarterly: Lowest at Rs -0.01 in the last five quarters.Near term EPS trend is negative.

Despite the negative financial performance, MarketsMOJO has given a 'Sell' call for Kanel Indust. stock. This could be due to various factors such as the company's size being a microcap, which may make it more vulnerable to market fluctuations. Additionally, the lack of growth in revenue and profits may also be a cause for concern for investors.

However, it is important to note that this is just one opinion and investors should conduct their own research before making any investment decisions. Kanel Indust. is a trading company and may have potential for growth in the future, but it is important to consider all factors before making any investment.

The company has declared its financial results for the quarter ending March 2024 on May 27, 2024. The results show a flat performance with a decrease in operating profit, profit before tax, net profit, revenue, and earnings per share compared to the previous quarters.

Investors should keep an eye on Kanel Indust.'s future financial performance and any potential changes in the company's strategy. It is also important to consider the overall market conditions and the trading industry as a whole before making any investment decisions.