Saven Technologies' Q3 Financial Results Receive 'Sell' Call from MarketsMOJO

Nov 13 2024 04:57 PM IST
share
Share Via
Saven Technologies, a microcap IT software company, reported its financial results for the quarter ending September 2024 on November 7, 2024. The company's performance has been flat with a score of -1, indicating a decline in overall financial performance. Debtors Turnover Ratio has also reached its lowest point in the last five half-yearly periods. Investors should carefully consider all factors before making any investment decisions.

Saven Technologies, a microcap IT software company, recently announced its financial results for the quarter ending September 2024. The results, declared on November 7, 2024, have received a 'Sell' call from MarketsMOJO.

The company's performance for the quarter has been flat, with a score of -1 compared to 0 in the previous quarter. This indicates a decline in overall financial performance in the last three months.

One of the key areas of concern for Saven Technologies is its Debtors Turnover Ratio, which has reached its lowest point in the last five half-yearly periods at 3.49 times. This suggests that the company's pace of settling its debtors has slowed down.

While the financial results may not be promising, it is important to note that this is a microcap company in the IT software industry. As such, it may face challenges and fluctuations in its financial performance. Investors should carefully consider all factors 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
Is Saven Tech. overvalued or undervalued?
Dec 05 2025 08:11 AM IST
share
Share Via
How has been the historical performance of Saven Tech.?
Nov 18 2025 10:55 PM IST
share
Share Via
Is Saven Tech. overvalued or undervalued?
Nov 11 2025 08:08 AM IST
share
Share Via
Is Saven Tech. overvalued or undervalued?
Nov 10 2025 08:07 AM IST
share
Share Via