313.7500 3.75 (1.21%)
NSE May 02, 2025 10:43 AM
Volume: 39,680
 

313.75
1.21%
Saurabh Mukherjea's PMS exits this smallcap raising red flags over accounting
Economic Times
"The key reason for out exit from Sterling Tools is deterioration in its accounting score under the Marcellus' proprietary forensic accounting model, triggered by below-par scores on the following ratios: (i) growth in auditor's remuneration relative to revenues; (ii) contingent liabilities as a percentage of net worth; (iii) miscellaneous expenses as a percentage of total revenues; and (iv) yield on cash and cash equivalents," Marcellus said.
Sterling Tools Ltd. is trading below all available SMAs
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