Kriti Nutrients (BSE Code: 533210) listed in BSE only. Even though it gave consistent positive results during past, not getting its momentum. During this COVID-19 time, it is getting momentum.
June 2020 Qtr result is good based on YoY and QoQ basis. Below is the result for past 5 quarters.
|Net Profit / Loss||8.16||6.44||4.46||4.34||3.77|
|OP. Profit Ratio||6.55||2.39||5.25||5.64||4.56|
|NP Growth: QOQ||26.71|
|NP Growth: YOY||116.45|
Points to consider:
- Operating profit ratio is increasing.
- Even though Net Profit Ratio is a bit down, this company is doing well. Net Profit ratio is a bit low compared to March 2020 Qtr due to taxation.
- Sales growth is really good which is 20% on Year on Year basis and Net profit ratio is increasing Year on Year basis and Quarter on Quarter basis.
- So the momentum started.
- This can be a good pick for medium and long term investment. Suggest BUY at present level and on decline also.