Penny stock below Re 1 hit the upper circuit as company to consider interim dividend of 50 per cent for FY2025-26
The stock has a PE of 8x whereas the sectoral PE is 23x.
On Monday, shares of Enbee Trade & Finance Ltd hit a 5 per cent upper circuit to Re 0.86 per share from its previous closing of Re 0.82. The stock has a 52-week high of Rs 1.71 and a 52-week low of Re 0.57. The shares of the company saw a spurt in volume by more than 5 times on the BSE.
The Board of Directors of the Enbee Trade & Finance Ltd is scheduled to meet on June 20, 2025, at 3:00 PM at its registered office to consider the declaration of an interim dividend of up to 50 per cent for the financial year 2025–26, in accordance with Regulation 29(1) of SEBI (LODR) Regulations, 2015.
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About the Company
Enbee Trade & Finance Ltd, incorporated in 1985, operates primarily in the business of financing and investment. The company is listed on the SME and SME-ITP platforms of stock exchanges and holds registration as a Category B Non-Banking Finance Company (NBFC) – specifically, a Non-Systemically Important Non-Deposit taking Company. Beyond its core financing activities, Enbee Trade & Finance Ltd also offers services in trading and dealing in vehicle parts and accessories, and provides financing and loans to builders against securities.
The company reported positive numbers in its Quarterly Results (Q4FY25) and annual results (FY25). The net sales rose 92 per cent and net profit skyrocketed 217 per cent in FY25 over FY24. The stock has a PE of 8x whereas the sectoral PE is 23x. The stock is up by 26.3 per cent from its 52-week low of Re 0.57 per share.
Disclaimer: The article is for informational purposes only and not investment advice.