FIIs bought 3.97% stake: Multibagger Penny Stock Under Rs 20; Company Reports Net Sales of Rs 40.04 Crore and Net Profit of Rs 1.75 Crore
From Rs 1.50 to Rs 15.46 per share, the stock gave multibagger returns of 930 per cent in 5 years.
On Wednesday, shares of Bartronics India Limited plunged 3.25 per cent to Rs 15.46 per share from its previous closing of Rs 15.98 per share. The stock’s 52-week high is Rs 25.84 per share while its 52-week low is Rs 12.87 per share.
Bartronics India Limited is a pioneering company in the fintech industry, dedicated to delivering innovative financial solutions and fostering inclusive growth. The mission of the organisation is to provide accessible banking services and empower underserved communities through strategic partnerships and initiatives.
According to Quarterly Results (Q4FY25), the company reported net sales of Rs 8.91 crore and a net profit of Rs 0.93 crore. In its half-yearly results (H2FY25), the company reported net sales of Rs 17.62 crore and net profit of Rs 0.60 crore in H2FY25. For the annual results (FY25), the company reported net sales of Rs 40.04 crore and net profit of Rs 1.75 crore.
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Recently, the company has approved a proposal to establish a branch office of the company in Singapore after partnering with Singapore's PTW Group to advance India's semiconductor industry. PTW's entry into India will leverage its expertise to support India's global hub ambitions. New facilities will focus on equipment production, refurbishment, and training. The partnership aims to drive innovation in manufacturing, training and R&D. PTW, a leading solutions provider with clients like TSMC and Samsung, brings key expertise. Bartronics sees this as a strategic move to capitalise on India's semiconductor potential.
The company has a market cap of over Rs 470 crore and the stock is trading at 0.86 times its book value. In FY25, FIIs took a fresh entry and bought 1,20,93,593 shares or 3.97 per cent compared to Nil shareholding in March 2024. From Rs 1.50 to Rs 15.46 per share, the stock gave multibagger returns of 930 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.