Sonam Clock Standalone December 2022 Net Sales at Rs 22.11 crore, down 0.54% Y-o-Y

Sonam Clock standalone net profit rises 290.91% in the December 2022 quarter

There are a plethora of units which make unbranded clocks. However, large players such as Ajanta India, Oreva Group, Sonam Clock and Rikon Clocks Manufacturing Co produce 15 million clocks per annum.

Morbi’s clock industry seeks GST relief in wake of coronavirus pandemic

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sonam Limited, formerly Sonam Clock Limited, is engaged in the manufacturing and sale of horological items, clocks, clock movements and related items.

Sonam Ltd

Sonam Ltd

Scorecard

News & Opinions

Sonam Clock Standalone December 2022 Net Sales at Rs 22.11 crore, down 0.54% Y-o-Y

Sonam Clock standalone net profit rises 290.91% in the December 2022 quarter

Morbi’s clock industry seeks GST relief in wake of coronavirus pandemic