Salora International's Q2 Financial Results Show Negative Performance, Receives 'Sell' Call

Nov 14 2024 04:59 PM IST
share
Share Via
The company's net sales have significantly decreased, indicating a negative trend in the near term. Salora International, a microcap trading company, reported a negative performance in the second quarter of fiscal year 2024-2025. The company's net sales for the quarter were Rs 24.99 crore, a 35.7% decrease from the previous four quarters. This has led to a 'Sell' call by MarketsMojo and investors should closely monitor the company's performance.

Salora International, a microcap trading 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, Salora International has seen a negative performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from -3 to -6 in the last three months.

One of the major factors contributing to this decline is the decrease in net sales. The company's net sales for the quarter were Rs 24.99 crore, which is a significant drop of 35.7% compared to the average net sales of the previous four quarters, which was Rs 38.89 crore. This indicates a very negative trend in the near term for the company's sales.

Moreover, the net sales for the quarter were the lowest in the last five quarters, further highlighting the negative trend in the company's sales. It is important to note that this decline in sales is based on the company's financial performance and not on any external data or sources.

Overall, Salora International's financial results for the quarter ending September 2024 have not been favorable, leading to a 'Sell' call by MarketsMOJO. Investors and stakeholders of the company should closely monitor its performance in the coming quarters to make informed 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