TeleCanor Global's Q2 financial results receive 'Sell' call from MarketsMOJO

Nov 18 2024 10:28 AM IST
share
Share Via
TeleCanor Global, a microcap company in the BPO/ITeS industry, reported flat performance in the second quarter of fiscal year 2024-25. Its operating profit and profit before tax have declined, while earnings per share have also decreased. MarketsMojo has given a 'Sell' call for the company's financial results, suggesting caution for investors.

TeleCanor Global, a microcap company in the BPO/ITeS industry, recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, TeleCanor Global's performance has remained flat in the second quarter of the fiscal year 2024-25. The company's score has fallen from 3 to -3 in the last three months, indicating a decline in its financial performance.

The company's operating profit (PBDIT) for the quarter was at its lowest in the last five quarters, standing at Rs -0.59 crore. This reflects a negative trend in the near term for the company's operating profit. Similarly, the profit before tax less other income (PBT) was also at its lowest in the last five quarters, at Rs -0.58 crore. This indicates a negative trend in the near term for the company's PBT.

Moreover, the earnings per share (EPS) for the quarter were at its lowest in the last five quarters, at Rs -0.52. This shows a declining profitability for the company, which has resulted in lower earnings for its shareholders.

Based on these financials, it is evident that TeleCanor Global is facing challenges in its performance. The company's financial results for the quarter have received a 'Sell' call from MarketsMOJO, indicating a cautious approach for investors.
{{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