The net profit of the company soared 30 per cent on the strength of double-digit revenue growth!

AMD plans to create 3,000 engineering jobs in India through a new design centre, marking a USD 400 million investment in the country's chip industry.

Shares of the company gained more than 40 per cent in the last six months.

The shares of the company have gained about 100 per cent in the last one month.

The shares of the company are hitting back-to-back 52-week highs in recent trading sessions. Furthermore, during the preceding financial year 2022-2023, the company declared bonus shares in the ratio of 1:3, with a record date of August 08, 2023.

The company recommended a final dividend of Rs 4.75 per share (i.e., 47.50 per cent on the paid-up equity share capital) for the financial year 2022-23. The company fixed the record date for the final dividend as Tuesday, August 08, 2023.

Shares of the company have gained more than 70 per cent in the last six months.

Shares had earlier rallied after Reliance Consumer Products Ltd's announcement that it would buy a 51 per cent stake in the company.

For all the astute market participants out there, this stock should undoubtedly find a place on your radar. The stock has a book value of Rs 67.2 and it currently trades at 0.63 price to book value. The stock P/E stands at 7.59.

Commenting on the company’s quarter performance, Ankit Agarwal, Managing Director, STL, said, “Amidst global challenges, we continue to drive our market presence and pursue our ambition to be among the world's top 3 optical companies. We are focused on long-term, sustainable growth and aim to deliver a 7 per cent to 9 per cent revenue increase this financial year while targeting a net debt to EBITDA ratio of less than 2.5 to further strengthen our financial position. With a proactive approach and an exceptional team, we embrace the future with optimism and stay agile to seize new opportunities in the dynamic market landscape.”