Sunteck Realty's Q3 Financial Results Show Mixed Performance, Receives 'Sell' Call from MarketsMOJO

Sunteck Realty, a midcap construction and real estate company, has recently declared its financial results for the quarter ending September 2024. The company has received a 'Sell' call from MarketsMOJO, a leading financial analysis platform.

Despite the overall positive financial performance of the quarter, with a score of 21 out of 29, there are some areas of concern for Sunteck Realty. On the positive side, the company's Profit After Tax (PAT) has grown by 37.9% compared to the previous four quarters, and its Debt-Equity Ratio is at its lowest in the last five half-yearly periods. Additionally, the company has been able to settle its Debtors faster, with a Debtors Turnover Ratio of 6.58 times.

However, there are some red flags in the financials as well. The company's Net Sales have fallen by -16.6% compared to the previous four quarters, and its Non-Operating Income is 35.36% of its Profit Before Tax (PBT). This indicates that the company's income from non-business activities is high, which may not be a sustainable business model.

Investors and experts are advised to carefully analyze Sunteck Realty's financials before making any investment decisions. The company's stock call is 'Sell' according to MarketsMOJO, and it is important to note that this is not a recommendation. The information provided is based on facts and figures from the company's financial report for the quarter ending September 2024.