Rudra Global Infra Products Reports Flat Performance, Positive PAT Growth in Q1 FY25

Aug 16 2024 08:59 AM IST
share
Share Via
Rudra Global Infra Products, a microcap company in the iron and steel industry, reported a flat performance for the quarter ending June 2024 with a score of 5 out of 10. However, the company's Profit After Tax (PAT) has shown a positive growth of 43.2% year on year. On the other hand, the company's interest cost has increased by 38.64% quarter on quarter, indicating increased borrowings. Investors should carefully evaluate all aspects before making any decisions regarding the company's stock.

Rudra Global Infra Products, a microcap company in the iron and steel industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Rudra Global’s performance for the quarter has been flat, with a score of 5 out of 10. However, there are some positive aspects to note. The company’s Profit After Tax (PAT) for the quarter has grown by 43.2% year on year, reaching Rs 6.02 crore. This indicates a positive trend in the near term.


On the other hand, there are some areas of concern for Rudra Global. The company’s interest cost for the quarter has increased by 38.64% quarter on quarter, reaching Rs 4.70 crore. This is the highest interest cost in the last five quarters and signifies increased borrowings.


Despite the mixed financial performance, Rudra Global remains a key player in the iron and steel industry. Investors should carefully consider all factors before making any decisions regarding the company’s stock.


{{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