N G Industries Reports Decline in Financial Performance, Receives Sell Call from MarketsMOJO

Aug 16 2024 05:50 PM IST
share
Share Via
N G Industries, a microcap healthcare services company, reported a negative performance in the quarter ending June 2024 with a score of -6 compared to -3 in the previous quarter. The company's Profit After Tax has declined by 60.3% and its Operating Profit has reached its lowest point in the last five quarters, leading to a Sell call by MarketsMojo.

N G Industries, a microcap company in the healthcare services industry, recently announced its financial results for the quarter ending June 2024. The company's stock has been given a "Sell" call by MarketsMOJO.

According to the financial report, N G Industries has seen a negative performance in the quarter, with a score of -6 compared to -3 in the previous quarter. This indicates a decline in the company's overall financial health.

One of the major factors contributing to this decline is the company's Profit After Tax (PAT), which has fallen by 60.3% to Rs 0.50 crore in the quarter. This is significantly lower than the average PAT of the previous four quarters, which was Rs 1.26 crore. The near-term trend for PAT is also negative.

Another concerning aspect is the company's Operating Profit (PBDIT), which has reached its lowest point in the last five quarters at Rs 0.39 crore. The near-term trend for Operating Profit is also negative.

Based on these financial results, MarketsMOJO has given a "Sell" call for N G Industries' stock. Investors should carefully consider these factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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