Pan Electronics shows improvement in financial score despite 'Sell' call from MarketsMOJO

Aug 13 2024 09:14 PM IST
share
Share Via
Pan Electronics (India) has announced its financial results for the quarter ending March 2024, receiving a 'Sell' call from MarketsMojo. Despite a flat performance, the company's overall score has improved from -7 to 2 in the last three months, with its Debtors Turnover Ratio being the highest in the last five half-yearly periods. Investors should carefully consider their decisions.
Pan Electronics (India), a microcap company in the electronics components industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 13, 2024, have received a 'Sell' call from MarketsMOJO.

Despite a flat financial performance for the quarter, Pan Electronics has shown improvement in its overall score, which has increased from -7 to 2 in the last three months. This indicates that the company has been able to address some of its previous challenges and is moving towards a more stable financial position.

One of the key factors contributing to this improvement is the company's Debtors Turnover Ratio, which has been the highest at 2.29 times in the last five half-yearly periods. This means that Pan Electronics has been able to collect payments from its debtors at a faster rate, which is a positive sign for its financial health.

Overall, Pan Electronics has shown resilience in the face of a challenging quarter and has made progress in addressing its financial issues. However, investors should take note of the 'Sell' call from MarketsMOJO and carefully evaluate their 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