Popular Estate Management's Q2 FY24-25 financials show decline, MarketsMOJO gives 'Sell' call

Nov 16 2024 04:38 PM IST
share
Share Via
Popular Estate Management, a microcap IT software company, reported a flat performance in Q2 FY24-25 with a score of -3 compared to 0 in the previous quarter. The company's operating profit and profit before tax were at their lowest in the last five quarters, indicating a negative trend in the near term. MarketsMojo has given a 'Sell' call for the company's stock based on these financials. Investors should carefully evaluate the company's performance before making any investment decisions.

Popular Estate Management, a microcap IT software company, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Popular Estate's performance in Q2 FY24-25 has been flat, with a score of -3 compared to 0 in the previous quarter. This indicates a decline in the company's financial performance in the last three months.

The company's operating profit (PBDIT) for the quarter was at its lowest in the last five quarters, at Rs -0.24 crore. This shows a negative trend in the near term for Popular Estate's operating profit. Similarly, the profit before tax less other income (PBT) was also at its lowest in the last five quarters, at Rs -0.28 crore. This indicates a negative trend in the near term for PBT.

The earnings per share (EPS) for the quarter was also at its lowest in the last five quarters, at Rs -0.20. This shows a decline in profitability and lower earnings for shareholders.

Based on these financials, MarketsMOJO has given a 'Sell' call for Popular Estate's stock. It is important for investors to carefully consider the company's financial performance before making any 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