On Friday, at 03:30 pm, indices ended the trading session in the red with the BSE Sensex Index down 1.31 per cent at 66,684.26 and the NSE Nifty-50 Index up 1.17 per cent at 19,745. 

The GIFT Nifty suggests a neutral opening for the benchmark indices, having gained 14 points on Friday, with the futures quoting at 19,872.50.

Shares of the company gained more than 12 per cent in the last six months.

The company reported net sales of Rs 129.81 crore in Q4FY23 compared to net sales of Rs 202.35 crore in Q4FY22 while the net profit increased by 81 per cent to Rs 1.81 crore in Q4FY23 over Q4FY22. The net sales increased by 14 per cent to Rs 689 crore and net profit skyrocketed by 167 per cent to Rs 8 crore in FY23 over FY22.

Q1FY24 Profit after tax stood at Rs 477 Crore, underscoring the company's strong financial performance during the quarter.

The company has been consistently maintaining a robust dividend payout ratio of 72 per cent.

Visagar Financial Services witnessed an astounding 230 per cent surge in revenue, from Rs 16.82 crore in 2022 to Rs 49 crore in 2023. Moreover, the company demonstrated remarkable profit growth of 430 per cent, reporting a profit of Rs 0.24 crore in 2022, which soared to Rs 1.28 crore in 2023.

In terms of broader market sentiment, around 945 stocks advanced, while 857 stocks declined, indicating a slightly positive overall sentiment in the market.

The company has delivered exceptional returns of 154 per cent over the past year and stellar returns of 168 per cent over the past 3 years.

The company has a market cap of Rs 330 crore and has delivered good profit growth of 52.20 per cent CAGR over the last 5 years. The company has a market cap of Rs 330 crore and has delivered good profit growth of 52.20 per cent CAGR over the last 5 years.