Rapicut Carbides Reports Negative Performance in Q2 FY25 Financial Results

Oct 26 2024 01:00 PM IST
share
Share Via
The company's net sales have seen a significant decline of 39.1% compared to the previous four quarters, which could be a cause for concern for investors. However, it is important to note that this information is based solely on the company's financial performance and does not take into account any external factors.

Rapicut Carbides, a microcap engineering company, recently announced its financial results for the quarter ending September 2024. The results, declared on October 25, 2024, have received a “Strong Sell” rating from MarketsMOJO.

According to the financial report, Rapicut Carbides has seen a negative performance in the quarter, with a score of -6. However, this is an improvement from the previous quarter’s score of -10.


One of the major factors contributing to this negative performance is the decline in net sales. The company’s net sales for the quarter were Rs 8.95 crore, which is a significant decrease of 39.1% compared to the average net sales of the previous four quarters, which stood at Rs 14.69 crore. This also marks the lowest net sales in the last five quarters for Rapicut Carbides.


The near-term sales trend for the company is also negative, which could be a cause for concern for investors. However, it is important to note that this information is based solely on the company’s financial performance and does not take into account any external factors.


Overall, the financial results for the quarter ending September 2024 have not been favorable for Rapicut Carbides. Investors are advised to carefully consider this information 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