Mayukh Dealtrade's Financial Results Show Promising Numbers Despite 'Strong Sell' Rating
The microcap trading company, Mayukh Dealtrade, has announced its financial results for the quarter ended June 2024, receiving a 'Strong Sell' rating from MarketsMojo. While the company's performance remained flat with a score of 5 out of 10, its Profit After Tax for the first half of 2024 showed growth compared to the previous year.
Mayukh Dealtrade, a microcap trading company, has recently announced its financial results for the quarter ended June 2024. The results, declared on August 5, 2024, have received a 'Strong Sell' rating from MarketsMOJO.According to the financial report, the company's performance has remained flat in the quarter, with a score of 5 out of 10. This is a decrease from the previous quarter's score of 8.
However, there are some positive aspects to the company's financials for the first half of 2024. The Profit After Tax (PAT) for the half-yearly period is higher at Rs 0.82 crore compared to the preceding 12-month period ended June 2024, which was Rs 0.79 crore. This indicates a growth in profits for the company in the first half of the year.
Despite the 'Strong Sell' rating from MarketsMOJO, Mayukh Dealtrade's financial results show some promising numbers. Investors and stakeholders can keep an eye on the company's performance in the upcoming quarters to see if there is any improvement in its score.
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