Mayur Uniquoters shows resilience in Q2, receives 'Hold' call from MarketsMOJO
Mayur Uniquoters, a smallcap company in the footwear industry, has reported a 2.3% decrease in quarterly revenue and a 1.6% decrease in yearly revenue, possibly due to the pandemic. However, the company has maintained a positive PAT and EPS, leading MarketsMojo to give a 'Hold' call for its stock.
Revenue - Quarterly: Revenue has decreased by 2.3% QoQ and 1.6% YoY. This could be due to the impact of the pandemic on the footwear industry. However, the company has shown resilience by maintaining a positive PAT and EPS. Based on these financial results, MarketsMOJO has given a 'Hold' call for Mayur Uniquoters' stock. This means that investors should hold onto their current positions and not make any new investments in the company's stock at this time.
Mayur Uniquoters, a smallcap company in the footwear industry, has shown a positive financial performance in the second quarter of FY24-25. The company's PAT has increased by 23.2% compared to the previous four quarters, and its EPS has also seen a significant growth. However, there are some concerns regarding the non-operating income and a slight decrease in revenue.
Despite these challenges, Mayur Uniquoters has managed to maintain a positive trend in its profitability and has shown resilience in the face of the pandemic. This has led MarketsMOJO to give a 'Hold' call for the company's stock. Investors should keep an eye on the company's future financial results to make informed decisions about their investments.
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