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Madhav Marbles and Granites Ltd
Madhav Marbles Reports Mixed Q3 Results Amid Declining Sales and Liquidity Challenges
Madhav Marbles and Granites Reports Mixed Financial Results for Q3 2024
Madhav Marbles and Granites, a microcap company in the ceramics/marble/granite/sanitaryware industry, reported a negative financial performance for the quarter ending September 2024. However, the company's Profit After Tax for the nine-month period has shown a significant growth of 427.27% year on year. On the other hand, net sales have fallen by -44.37% year on year and the company's short-term liquidity is deteriorating. Investors are advised to carefully consider these factors before making any investment decisions.
Madhav Marbles and Granites Receives 'Strong Sell' Rating from MarketsMOJO
Madhav Marbles and Granites, a microcap company in the ceramics and allied industry, reported negative financial results for the quarter ending March 2024. The company's Profit After Tax has decreased by 250% compared to the same quarter last year, and its Debtors Turnover Ratio and Cash and Cash Equivalents have also declined. MarketsMOJO has given a 'Strong Sell' call for the company.
Madhav Marbles and Granites Reports Mixed Performance in Q1 2024 Financial Results
Madhav Marbles and Granites, a microcap company in the ceramics and allied industry, has reported its financial results for the quarter ending March 2024. While the company's stock has been given a 'Strong Sell' rating, its Profit After Tax and Earnings per Share have shown significant growth. However, the high Non Operating Income raises concerns about the company's financial stability.
Madhav Marbles and Granites' Financial Performance Sees Decline in Q3 2023.
Madhav Marbles and Granites, a microcap company in the ceramics and allied industry, has reported a decline in its financial performance for the quarter ending December 2023. According to MarketsMOJO, the stock call for the company is currently 'Strong Sell'. The company's net sales, profit after tax, inventory turnover ratio, and debtors turnover ratio have all seen a negative trend, indicating a challenging road ahead for the company.
Madhav Marbles & Granites Ltd. Outperforms Sector with 52-Week High Stock Price
Madhav Marbles & Granites Ltd., a microcap company in the ceramics and allied industry, has been gaining attention in the stock market. On January 9, 2024, the stock hit a 52-week high of Rs.92, outperforming the sector by 3.19%. With a consecutive gain and a 42.38% increase in the last 3 days, the company's stock is currently trading higher than its moving averages, indicating strong performance.
Madhav Marbles & Granites Ltd. sees 8.03% gain and hits new 52-week high, outperforming sector
Madhav Marbles & Granites Ltd., a microcap company in the ceramics and allied industry, saw a positive start to its trading day with an 8.03% gain and hitting a new 52-week high. The stock has also outperformed the sector by 11.05% and is currently trading above its moving averages. However, MarketsMOJO recommends selling the stock based on its performance today and in the last month.
Madhav Marbles' Stock Soars, Outperforms Sector by 18.62% in One Day
Madhav Marbles & Granites Ltd., a microcap company in the ceramics and allied industry, has been making headlines in the Indian stock market with its recent stock performance. The company's stock has seen a significant increase, outperforming its sector by 18.62% and trading higher than its moving averages. However, MarketsMOJO has given a 'Sell' call, indicating caution for investors.
Madhav Marbles' Q3 Financial Results Decline
Madhav Marbles & Granites, a microcap company in the ceramics and allied industry, reported a decline in net sales and consolidated net profit for the quarter ended September 2023. The operating profit margin also fell, but the company's overall financial performance has improved in the last three months. Investors should consider the company's strong operating cash flow and negative sales trend before making any investment decisions.
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