Zee Learn's Financial Performance Declines, MarketsMOJO Rates Stock as 'Sell'

Zee Learn, a microcap company in the educational institutions industry, recently announced its financial results for the quarter ending September 2024. According to the report released on November 7, 2024, the stock call for Zee Learn is 'Sell' by MarketsMOJO. The company's financial performance for the quarter has been flat, with a score of -3 compared to 9 in the previous quarter. This decline can be attributed to several factors, as seen in the Sep 2024 financials. One major concern is the Profit After Tax (PAT) for the quarter, which has fallen to Rs -4.03 crore, a decrease of 137.1% compared to the same period last year. The near-term trend for PAT is also negative. Another area of concern is the Net Sales, which has decreased by 12.42% Year on Year (YoY) to Rs 58.19 crore. This is the lowest net sales in the last five quarters, indicating a negative trend in the near term. The company's Cash and Cash Equivalents for the half-yearly period is also at its lowest in the last six periods, at Rs 8.16 crore. This suggests a deteriorating short-term liquidity for Zee Learn. Based on these financials, MarketsMOJO has given a 'Sell' call for Zee Learn's stock. Investors should carefully consider these factors before making any investment decisions.