Swasti Vinayaka Art & Heritage Corp's Q1 Financial Results Show Decline, Receives 'Sell' Rating.

Swasti Vinayaka Art & Heritage Corporation, a microcap company in the miscellaneous industry, recently announced its financial results for the quarter ending March 2024. According to the report released on May 31, 2024, the company's stock has been given a 'Sell' call by MarketsMOJO.

The financial performance of Swasti Vinayaka Art for the quarter has been flat, with a score of -3 compared to 0 in the previous quarter. This indicates a decline in the company's financial health over the last three months.

One of the major factors contributing to this decline is the company's operating profit (PBDIT), which has been the lowest in the last five quarters at Rs 0.47 crore. The near-term trend for operating profit is also negative, which is a cause for concern.

Similarly, the profit before tax (PBT) less other income has also been the lowest in the last five quarters at Rs -0.22 crore. This indicates a negative trend in the near term for PBT as well.

The earnings per share (EPS) for the quarter have also been the lowest in the last five quarters at Rs 0.00. This shows a decline in profitability and lower earnings for shareholders.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Swasti Vinayaka Art & Heritage Corporation's stock. It is important for investors to carefully consider these factors before making any investment decisions.