Rasandik Engineering Industries India Ltd

Rasandik Engineering Industries India, a microcap company in the auto ancillary industry, has announced its financial results for the quarter ending September 2024. While the company has shown a strong Debtors Turnover Ratio and a positive trend in Profit Before Tax, there are concerns regarding a significant decrease in Profit After Tax and Net Sales, leading to a 'Strong Sell' stock call by MarketsMOJO. Investors should carefully evaluate these factors before making any investment decisions.

Rasandik Engineering Industries India, a microcap company in the auto ancillary industry, reported a flat performance in the quarter ending March 2024 with a -4 score compared to 6 in the previous quarter. The company's net sales and profit after tax have declined, while its operating cash flow and non-operating income raise concerns.

Rasandik Engineering Industries India, a microcap company in the auto ancillary industry, has reached a 52-week high on August 2nd, 2024. The stock has been performing well, with a 'Sell' call by MarketsMOJO. It opened with a gain of 2.23% and has been gaining for the last 2 days, showing a rise of 37.67%. The stock has also shown high volatility. It is trading higher than the moving averages, indicating a positive trend. In the past year, it has shown a strong performance of 120.94%, showcasing its growth and potential in the market.

Rasandik Engineering Industries India, a microcap company in the auto ancillary industry, has reported a positive financial performance for the quarter ending March 2024. The company's PAT has grown by 770.6% and EPS has increased to Rs 21.29, indicating strong profitability and value creation for shareholders. However, net sales have fallen and there are concerns about the company's ability to manage interest payments. MarketsMOJO has given a 'Strong Sell' call for the company's stock based on these results.

Rasandik Engineering Industries India, a microcap company in the auto ancillary industry, reported a decline in net sales by 20.43% and a significant growth in standalone net profit by 237.19% for the quarter ended September 2023. However, the company's operating profit and interest expenses saw a sharp decline, and its overall financial performance has been negative.