Shares of the company grew by more than 160 per cent in the last six months.

According to the quarterly results, the net sales increased by 15.86 per cent to Rs 263 crore and the net profit increased by 433 per cent to Rs 30 crore in Q1FY24 compared to Q1FY23. The EPS for Q1FY24 stood at Rs 1.11.

According to the quarterly results, the net sales increased by 15.14 per cent to Rs 36.14 crore and the net profit increased by 79.31 per cent to Rs 0.52 crore in Q1FY24 compared to Q4FY23.

According to the quarterly results, the net sales decreased by 2.75 per cent to Rs 8.13 crore while the net profit increased by 91.67 per cent to Rs 0.23 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 24.13 per cent to Rs 35.34 crore and net profit skyrocketed by 246.15 per cent to Rs 0.45 crore compared to FY22.

On Monday, shares of the company surged by more than 4 per cent and made an intraday high of Rs 153.70.

The company's order backlog for seismic services has now reached Rs 170 crore, contributing to an aggregate order backlog of approximately Rs 950 crore

The company's return on capital employed (ROCE) and return on equity (ROE) stands at 39 per cent and 31.8 per cent respectively.

The company previously announced a bonus share issue in the ratio of 3 new shares for every 1 existing share. The ex-date for the bonus shares was Friday, June 02, 2023. Talking about the financials, the company has a market cap of Rs 288 crore and reported positive numbers in its half-yearly results and annual results.

On Monday, Indian equity markets ended on a positive note