Shares of this company have gained more than 40 per cent in the last one year.

In Q1FY24, the company reported a 64 per cent increase in net profit YoY.

IPO Rating: Apply for listing gains 

Over the past one year shares of company has increased its value by 75 per cent

The following penny stocks are likely to be in focus on Friday, September 15, 2023

On September 13, foreign institutional investors (FII) offloaded shares worth Rs 1,631.63 crore, while domestic institutional investors (DII) bought shares worth Rs 849.86 crore.

Shares of the company have gained more than 130 per cent in the last six months.

Taking a broader view of market sentiment, approximately 2468 stocks are advancing, surpassing the 1066 stocks in decline, painting an overall positive market sentiment.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 74.2 points or 0.11 per cent.

The company's sales in Q1FY24 were strong, reaching Rs 1,124 crore. However, the company still reported a net loss of Rs 218 crore. In FY23, the net sales increased by 35 per cent to Rs 5,525 crore and net profit increased by 275 per cent to Rs 1,139 crore compared to FY22.