Multibagger stock below Rs 20:  Investors should keep an eye on this small-cap stock!

Multibagger stock below Rs 20: Investors should keep an eye on this small-cap stock!

Kiran Shroff
/ Categories: Trending, Mindshare

The stock gave multibagger returns of 463.84 per cent in just 6 months whereas BSE Information Technology Index rose only 0.26 per cent.

One of the Top Gainers on BSE today, shares of Integrated Technologies Ltd surged and reached an upper price band of Rs 19.96 per share, after being locked in the 5 per cent upper circuit. In addition, the stock reached a fresh 52-week high of Rs 19.96.    

In recent trading, the company's stock price has risen significantly, with back-to-back upper circuits and 52-week highs. In just one month the stock gave multibagger returns of 162.98 per cent. 

Integrated Technologies Ltd designs and manufactures printed circuit boards (PCB). The company produces single and double-sided and multilayer PCBs. Integrated Technologies markets its products in India. 

Talking about the financials, Integrated Technologies has a market cap of Rs 9.54 crore with a 1-year CAGR of 467 per cent. The stock has a PE multiple of 1.85 and an ROE of 115.14 per cent respectively. The company reported positive results in quarterly financial statements. In Q2FY23, net profit skyrocketed to Rs 5.06 crore against a net loss of 0.02 crore in Q2FY22. The company is almost debt free. 

The stock gave multibagger returns of 463.84 per cent in just 6 months whereas BSE Information Technology Index rose only 0.26 per cent. Investors should keep an eye on this Small-Cap stock. 

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