The stock delivered multibagger returns of 110.07 per cent over the previous year and returns of 137.09 per cent during the previous 15 months.  

The company is under the process for the necessary approvals from API (American Petroleum Institute) and is targeting an additional profit margin of 10-12 per cent in the current year 2023.   

The amount of cane crushed was larger in the fiscal year 2022 compared to the previous year, which led to an increase in revenue of the company, around 20 per cent on an annual basis

The company has shown positive traction as it has given multibagger returns of over 247 per cent in just 6 months and over 149 per cent in 1 year. In the past 5 trading sessions, the stock has been hitting consecutive upper circuits and has jumped more than 20 per cent. On a monthly basis, the stock has given outstanding returns of over 73 per cent.  

This news continues the spree of contracts received by the company after they had announced on January 05, 2023, that they had received orders from Gujarat Metro Rail Corporation Limited for a contractual amount of approximately Rs 166 crore.  

The stock delivered multibagger returns of 153.20 per cent and 172.30 per cent over the 6-months and 1-year period respectively.

In Q2FY23, the company’s net sales rose more than 85 per cent from Q2FY22 to Rs 59.73 crore. EBITDA levels witnessed a massive jump of 355.94 per cent from last year’s September quarter to Rs 13.04 crore. The company witnessed more than 5-fold jump in its net from corresponding quarter last year to Rs 9.14 crore.  

The FII’s have increased their stake from 11.92 per cent to 18.16 per cent, witnessing the most aggressive FII buying in this period under banking space.   

The company has also made great achievements in farming as their ponds produced a world record in shrimp harvesting

The company has given multibagger returns of more than 419 per cent in just 1 year and more than 136 per cent in the last 6 months