Rita Finance and Leasing Ltd

Rita Finance and Leasing, a microcap finance company, has hit a 52-week low on January 19, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -13.41%. Today, the stock opened with a gain of 3.65% but underperformed the sector by -9.21%. According to MarketsMOJO, the stock has been given a 'Strong Sell' rating and has shown a negative return of -11.21% in the past year, underperforming the market. Investors should exercise caution while considering this stock for investment.

Rita Finance and Leasing, a microcap finance company, reported a 34.62% increase in net sales and a 35.29% growth in standalone net profit for the quarter ended September 2023. Despite a 'Strong Sell' stock call from MarketsMOJO, the company's financial score has improved and positive trends in operating profit and earnings per share were observed.