Longspur Intl Announces Strong Sales Growth Despite 'Sell' Call from MarketsMOJO
Longspur International Ventures, a microcap trading company, has recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Sell' call from MarketsMOJO.Despite this, the company has shown a flat financial performance for the second quarter of the fiscal year 2024-2025. However, there has been an improvement in the overall score from 1 to 4 in the last three months.
The company's net sales for the nine-month period have seen a significant growth of 41.34% year on year, reaching Rs 7.59 crore. This is a positive trend for the near future. Additionally, the net sales for the nine-month period are higher at Rs 7.59 crore compared to the previous 12-month period ending in September 2024, which was Rs 6.07 crore. This indicates a strong sales performance for the company in the current fiscal year.
While MarketsMOJO has given a 'Sell' call for Longspur Intl, the company's financial results show promising growth in sales. Investors and stakeholders can keep an eye on the company's performance in the coming months to see if it continues to show positive trends.
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