Rathi Steel & Power Reports Strong Financial Performance in Q2 of FY 2024-2025

Nov 14 2024 06:28 PM IST
share
Share Via
Rathi Steel & Power, a microcap company in the steel industry, has reported a strong financial performance in the second quarter of fiscal year 2024-2025. The company's PAT has increased by 172.0% YoY, leading to an improved score of 7. This indicates potential for growth and stability in the near term.
Rathi Steel & Power, a microcap company in the steel/sponge iron/pig iron industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

Despite being a microcap company, Rathi Steel has shown a positive financial performance in the second quarter of the fiscal year 2024-2025. In fact, the company's score has improved from -4 to 7 in just three months.

One of the major factors contributing to this improvement is the company's Profit After Tax (PAT) for the quarter, which has grown by 172.0% year on year (YoY) to reach Rs 2.23 crore. This is a significant increase and indicates a very positive trend in the near term for Rathi Steel.

With this latest financial result, Rathi Steel has shown its potential for growth and stability in the steel/sponge iron/pig iron industry. Investors and stakeholders can keep a close eye on the company's performance in the coming quarters.
{{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
Most Read