TBZ's Q4 financial report shows flat performance, experts question sustainability of non-operating income
TBZ, a leading jewellery brand in India, reported a flat performance in the quarter ending March 2024, with a score of 0 compared to 7 in the previous quarter. The decline can be attributed to a decrease in non-operating income, which was the highest in the last five quarters. Despite this, TBZ remains a prominent player in the industry with a loyal customer base and a wide range of products. Investors and stakeholders can monitor the company's future financial reports for updates on its progress.
Tribhovandas Bhimji Zaveri (TBZ), a leading jewellery brand in India, recently announced its financial results for the quarter ending March 2024. The company's stock call has been declared as 'Sell' by MarketsMOJO, a leading financial analysis platform.
According to the financial report, TBZ has seen a flat performance in the quarter, with a score of 0 compared to 7 in the previous quarter. This decline in score can be attributed to various factors, including a decrease in non-operating income.
The company's non-operating income for the quarter was the highest in the last five quarters, at Rs 2.10 crore. However, experts suggest that this increase in income from non-business activities may not be sustainable in the long run.
Despite the flat financial performance, TBZ remains a prominent player in the jewellery industry, with a strong presence in the microcap segment. The company has a loyal customer base and a wide range of products, making it a popular choice among consumers.
While the current financial results may not be as promising, TBZ continues to be a key player in the jewellery industry and is constantly striving to improve its performance. Investors and stakeholders can keep a close eye on the company's future financial reports to track its progress.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
