RBZ Jewellers Ltd. Reports Decline in Key Areas, Receives 'Sell' Call from MarketsMOJO
RBZ Jewellers Ltd. has reported a decline in key financial areas for the quarter ending March 2024. The Profit Before Tax and Profit After Tax have fallen by over 50%, while the Operating Profit and Operating Profit Margin are at their lowest in the last five quarters. This has led to a 'Sell' call by MarketsMojo, urging investors to carefully evaluate the company's financial performance before making any investment decisions.
RBZ Jewellers Ltd. has recently announced its financial results for the quarter ending March 2024. According to the data, the company's stock has been given a 'Sell' call by MarketsMOJO.
The financials for the quarter show a decline in key areas for RBZ Jewellers Ltd. The Profit Before Tax (PBT) has fallen by 52.3% compared to the average of the previous four quarters. This trend is expected to continue in the near term. Similarly, the Profit After Tax (PAT) has also fallen by 58.7% compared to the average of the previous four quarters, indicating a negative trend in the company's profitability.
The Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters, and the Operating Profit Margin is also at its lowest in the last five quarters. This suggests a deterioration in the company's efficiency. The PBT has also hit its lowest in the last five quarters, further highlighting the negative trend in the company's financial performance.
The Earnings per Share (EPS) for the quarter is also at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. Based on these financial results, MarketsMOJO has given a 'Sell' call for RBZ Jewellers Ltd. It is important for investors to carefully consider these financials before making any investment decisions.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
