Ventura Textiles Announces Q2 Financial Results, Receives 'Sell' Rating from MarketsMOJO

Nov 14 2024 05:03 PM IST
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Ventura Textiles, a microcap company in the textile industry, reported flat performance in the second quarter of fiscal year 2024-2025. However, the company's operating profit and PBT were the highest in the last five quarters, with a positive near-term trend. Despite this, MarketsMojo has given a 'Sell' call for the company's stock.
Ventura Textiles, a microcap company in the textile industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Ventura Textiles has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has remained the same in the last three months.

However, there are some positive aspects to the company's financials. The operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs -0.04 crore. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) for the quarter was the highest in the last five quarters, at Rs -0.10 crore. The near-term trend for PBT is also positive.

Despite the positive trends in operating profit and PBT, MarketsMOJO has given a 'Sell' call for Ventura Textiles' stock. Investors should carefully consider this information before making any investment decisions.
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