Nath Bio-Genes (India) Reports Positive Growth in Q1 Financial Results

Nath Bio-Genes (India), a microcap company in the agri-seeds industry, has recently declared its financial results for the quarter ending March 2024. The company has shown positive performance with a score of 10, an improvement from 7 in the last 3 months.

One of the key highlights of the financial results is the growth in Profit After Tax (PAT) which has increased by 80.7% year on year, reaching Rs 2.62 crore. This is a significant improvement and shows a positive trend in the near term.

However, the company's Operating Profit (PBDIT) for the quarter was at its lowest in the last five quarters, standing at Rs 3.93 crore. This indicates a negative trend in the near term for the company's operating profit.

Despite the mixed results, MarketsMOJO has given a 'Sell' call for Nath Bio-Genes' stock. This could be due to various factors such as the company's size as a microcap and the current state of the agri-seeds industry.

Investors should carefully consider all the financial information and market trends before making any investment decisions related to Nath Bio-Genes. It is important to note that this article is based on facts and does not include any external data or sources.