Phyto Chem (I) Reports Decline in Q2 Financial Performance, Receives 'Strong Sell' Rating

Nov 14 2024 05:01 PM IST
share
Share Via
Phyto Chem (India) has reported a flat performance in the second quarter of fiscal year 2024-2025, with a decline in its financial health. The company's net sales and profit after tax have decreased by 26.61% year on year, leading to a 'Strong Sell' call by MarketsMojo. Investors should consider these numbers before investing.

Phyto Chem (India), a microcap company in the pesticides and agrochemicals industry, recently declared its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, Phyto Chem (I) has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 0 to -4 in the last three months, indicating a decline in its financial health.

One of the major factors contributing to this decline is the company's net sales, which have decreased by 26.61% year on year to Rs 9.43 crore. This trend is expected to continue in the near term, as the company's sales have been on a downward trajectory.

Similarly, the company's profit after tax (PAT) has also decreased by 26.61% year on year to Rs -3.07 crore. This negative trend in PAT is also expected to continue in the near term.

Based on these financial results, MarketsMOJO has given a 'Strong Sell' call for Phyto Chem (I) stock. Investors should take note of these numbers and make informed decisions while investing in the company.
{{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