Krishanveer Forge's Financial Report Shows Mixed Results for Q3 2024
Krishanveer Forge, a microcap company in the castings and forgings industry, reported a flat performance for the quarter ending September 2024 with a score of 5 out of 14. However, the company's Profit After Tax (PAT) for the half-yearly period has shown a significant growth of 101.35%. Net sales for the quarter have decreased by -9.8%, indicating a negative trend in the near term. Investors should monitor the company's future financial reports for any improvements.
Krishanveer Forge, a microcap company in the castings and forgings industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.
According to the financial report, Krishanveer Forge's performance for the quarter was flat, with a score of 5 out of 14. However, there are some positive aspects to the company's financials. The Profit After Tax (PAT) for the half-yearly period has shown a growth of 101.35% compared to the previous year. This is a very positive trend for the company.
On the other hand, the net sales for the quarter have fallen by -9.8% compared to the average net sales of the previous four quarters. This indicates a negative trend in the near term for the company's sales.
Despite the mixed financial performance, Krishanveer Forge remains a microcap company in the castings and forgings industry. Investors should keep an eye on the company's future financial reports to see if there are any improvements in its performance.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
