Karnavati Finance's Q3 Financial Results Show Decline, MarketsMOJO Rates as 'Sell'
Karnavati Finance, a microcap company in the miscellaneous industry, reported a flat financial performance for the quarter ending September 2024, with a score of -3. The company's PBT less Other Income has decreased by 234.33% compared to the same quarter last year, indicating a negative trend that is expected to continue in the near term. Investors and experts are advised to conduct their own research before making any investment decisions.
Karnavati Finance, a microcap company in the miscellaneous industry, recently declared its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is 'Sell'.
The company's financial performance for the quarter has been flat, with a score of -3, a decrease from 0 in the previous 3 months. This indicates that the company has not been able to improve its financial standing in the recent quarter.
One of the major factors contributing to this decline is the Profit Before Tax (PBT) less Other Income, which has fallen to -0.90 crore, a decrease of 234.33% compared to the same quarter last year. This trend is expected to continue in the near term, as the PBT trend for the company is very negative.
It is important to note that this information is based solely on the company's financial data and does not include any external data or sources. Investors and experts are advised to conduct their own research and analysis before making any investment decisions.
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