National Plastic Technologies Reports Positive Financial Performance in Q2 2024, MarketsMOJO Calls for 'Sell'

National Plastic Technologies, a microcap company in the plastic products industry, has recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is 'Sell'.

According to the financial report, National Plastic has shown a flat performance in the second quarter of the fiscal year 2024-25. However, there has been an improvement in the company's score from 2 to 5 in the last three months.

The company's net sales for the quarter were the highest in the last five quarters, standing at Rs 86.79 crore. The near-term sales trend is positive, indicating a potential growth in the company's sales. Similarly, the operating profit (PBDIT) for the quarter was also the highest in the last five quarters, at Rs 6.77 crore. The near-term trend for operating profit is also positive.

National Plastic also saw a positive trend in its profit before tax (PBT) less other income, with the highest figure of Rs 3.49 crore in the last five quarters. The company's profit after tax (PAT) for the quarter was also the highest in the last five quarters, at Rs 2.54 crore. This indicates a positive trend in the company's profitability.

Furthermore, the earnings per share (EPS) for the quarter were the highest in the last five quarters, at Rs 4.18. This shows that the company has been able to create higher earnings for its shareholders.

Overall, National Plastic Technologies has shown a positive financial performance in the quarter ending September 2024. However, investors should take into consideration the 'Sell' stock call by MarketsMOJO before making any investment decisions.