Universal Starch Chem Allied's Q1 FY25 Financial Results Show Decline, MarketsMOJO Issues 'Sell' Call

Aug 10 2024 07:31 PM IST
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Universal Starch Chem Allied, a microcap chemicals company, has reported a decline in its financial performance for the quarter ending June 2024. MarketsMojo has given a 'Sell' call for the company's stock, citing a negative outlook. The company's Profit After Tax has dropped by 31.7%, raising concerns about its financial health. Investors should carefully consider these factors before investing in the stock.

Universal Starch Chem Allied, a microcap company in the chemicals industry, has recently declared its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO, indicating a negative outlook for investors.

According to the financial report, Universal Starch has seen a decline in its overall performance, with a score of -6 compared to 9 in the previous quarter. This is a significant drop and raises concerns about the company’s financial health.


One of the major factors contributing to this decline is the company’s Profit After Tax (PAT) for the quarter, which has fallen by 31.7% to Rs 1.46 crore. This is significantly lower than the average PAT of the previous four quarters, which was Rs 2.14 crore. The trend for near-term PAT is also negative, indicating potential challenges for the company in the coming months.


Investors should take note of these financial results and the ‘Sell’ call by MarketsMOJO before making any investment decisions regarding Universal Starch. It is important to carefully analyze the company’s financial performance and future prospects before making any investment in the stock.


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