Earlier, the company signed a contract to supply "WHIDENT" range of toothpaste to Casablanca, Morocco (North West Africa) as a part of its expansion plan. The company has already been successfully manufacturing and exporting various types of toothpaste to East African countries.

Shares of the company gained more than 25 per cent in the last one year.

Shares of the company have gained more than 60 per cent in the last one year.

The net sales increased by 6 per cent to Rs 15.65 crore and the net profit increased by 137 per cent to Rs 1.09 crore in Q4FY23 compared to Q4FY22. The net sales increased by 28 per cent to Rs 31.19 crore and the net profit increased by 1040 per cent to Rs 1.14 crore in FY23 compared to FY22.

The stock is currently trading at 0.49 times its book value of Rs 55.2.

Before divesting, he possessed a 4.34 per cent ownership in the company, but following the sale of a 0.6 per cent stake, his current ownership in the company stands at 3.74 per cent.

Shares of the company gained more than 20 per cent in the last six months.

In comparison to Q1FY24 vs Q1FY23, the net sales decreased by 3.76 per cent to Rs 59.32 whereas net profit skyrocketed 230 per cent to Rs 4.51 per cent. In FY23, the net sales increased by 41.2 per cent to Rs 233 crore and net profit increased by 83 per cent to Rs 11 crore compared to FY22.

In the recent trading session, the company’s stock is hitting back-to-back upper circuits. At present, the stock is trading at 0.35 times its book value of Rs 55.70 each.

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