Nexus Surgical Reports Positive Financial Results, Potential for Growth Ahead

May 31 2024 06:00 PM IST
share
Share Via
Nexus Surgical, a microcap company in the finance industry, has announced its financial results for the quarter ending March 2024. Despite a 'Sell' call from MarketsMojo, the company has shown a positive trend with its highest operating profit in five quarters and a profit after tax surpassing the previous year's sales in just nine months.
Nexus Surgical, a microcap company in the finance industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

Despite a flat performance in the quarter, Nexus Surgical has maintained a consistent score over the past three months. However, there are some positive aspects to the company's financials.

In terms of operating profit, Nexus Surgical has recorded its highest figure in the last five quarters at Rs 0.09 crore. This indicates a positive trend in the near term. Additionally, the company's profit after tax for the nine-month period is higher at Rs 0.19 crore compared to the previous 12-month period ending March 2024, which had a loss of Rs 0.07 crore. This shows that Nexus Surgical has already surpassed its sales from the previous year in just nine months.

While the company's stock may have received a 'Sell' call, these financial results suggest that Nexus Surgical is making progress and has potential for growth in the future. Investors may want to keep an eye on this microcap company in the finance industry.
{{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