Lakhotia Poly.'s Financial Performance Raises Concerns, MarketsMOJO Gives 'Strong Sell' Call
Lakhotia Poly.'s half yearly operating and net profits have declined by 99.99% YoY, indicating a significant decrease in profitability. The company's debt to equity ratio is low but has increased from the previous quarter. With a negative ROCE and a market capitalization of only Rs 1.44 cr, MarketsMojo has given a 'Strong Sell' call for the stock. Investors should carefully consider the company's financial performance before making any investment decisions.
Operating Profit - Half Yearly: At Rs 0.01 cr has Declined at -99.99 % Year on Year (YoY). This is a significant decrease and indicates a decline in the company's profitability.Net Profit - Half Yearly: At Rs -0.01 cr has Declined at -99.99 % Year on Year (YoY). This is a major concern as it shows a significant decrease in the company's bottom line.
Debt to Equity Ratio: At 0.01, the company has a very low debt to equity ratio, indicating a strong financial position. However, this ratio has increased from the previous quarter, which could be a cause for concern.
ROCE: At -0.01%, the company has a negative return on capital employed, indicating that it is not generating enough profits from its investments.
Market Capitalization: Lakhotia Poly. is a microcap company with a market capitalization of Rs 1.44 cr. This makes it a risky investment option for investors.
Based on these financial results, MarketsMOJO has given a 'Strong Sell' call for Lakhotia Poly. This means that the stock is expected to underperform in the market and investors are advised to sell their holdings in the company.
It is important for investors to carefully analyze a company's financial performance before making any investment decisions. Lakhotia Poly.'s current financial situation raises concerns and investors should exercise caution while considering this stock.
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