The stock has rallied over 43 per cent in one week, while it has risen more than 90 per cent in one year.

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

The company’s maximum stake is owned by The President of India (55.99 per cent) as of March 2023. The company reported excellent numbers in its quarterly results and annual results. The stock has a PE of 4.52x and a ROE of 21 per cent.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 466.75 points or 0.75 per cent.

Shares of this company jumped more than 4 per cent in the last one month.   

The net sales increased by 1,345 per cent to Rs 33.98 crore and net profit skyrocketed by 2,414 per cent to Rs 1.92 crore in Q4FY23 over Q4FY22. The net sales increased by 918 per cent to Rs 506.62 crore and net profit skyrocketed by 1,047 per cent to Rs 2.01 crore in FY23 over FY22.

The company is almost debt-free and the current debt of the company is just 0.18 crore which is just 4.50 per cent of the market cap of the company.

According to the quarterly results, the net sales increased by 154.38 per cent to Rs 18.01 crore in Q4FY23 compared to net sales of Rs 7.08 crore in Q4FY22. In FY23, net sales increased by 173.60 per cent to Rs 42.48 crore and net profit skyrocketed by 145.03 per cent to Rs 0.22 crore compared to FY22. The EPS for FY23 stood at Rs 0.21.

Moreover, the stock has zoomed more than 45 per cent in the past 1 year

The stock has returned more than 6 per cent in the last one month.