Siddha Ventures' Financial Report Shows Decline, Receives 'Sell' Call from MarketsMOJO

Siddha Ventures, a microcap finance company, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, a leading stock market analysis platform. According to the financial report, Siddha Ventures has experienced a flat performance in the quarter, with a score of -3 compared to -2 in the previous quarter. This indicates a decline in the company's overall financial health. One of the major factors contributing to this decline is the Profit Before Tax (PBT) less Other Income, which has fallen by 97.04% year on year, standing at Rs 0.60 crore for the quarter. This trend is expected to continue in the near term, as indicated by the negative PBT trend. While Siddha Ventures operates in the finance/NBFC industry, it is classified as a microcap company, indicating its small size in terms of market capitalization. Investors should take note of the company's financial performance and the 'Sell' call by MarketsMOJO before making any investment decisions.