According to the financials, the net sales increased by 448.64 per cent to Rs 115.50 crore in Q4FY23 over Q4FY22. The company reported a net profit of Rs 2.77 crore in Q4FY23 compared to a net loss of Rs 2.30 crore in Q4FY22. The net sales skyrocketed by 236.12 per cent and the net profit skyrocketed by 458.94 per cent in FY23 over FY22.

In the current financial year 2022-2023, the company announced bonus shares in the ratio 1:4 and a stock split from Rs 10 to Rs 1 which had a record date of April 21, 2023.

Rex Pipes and Cables Industries Ltd trades in water pumps, flat cables and pipes. The net sales increased by 29.72 per cent to Rs 66.17 crore and the net profit increased by 65.37 per cent to Rs 1.75 crore in H2FY23 compared to H2FY22. The net sales increased by 15.53 per cent to Rs 117.64 and the net profit increased by 89.67 per cent to Rs 3.62 in FY23 compared to FY22.

UCWL has a market cap of 942 crore and delivered good profit growth of 22.7 per cent CAGR over the last 5 years. The company reported positive numbers in its quarterly results and annual results.

Talking about the financials, Integrated Technologies has a market cap of Rs 53.65 crore with a 3-year CAGR of 475 per cent. The stock has a PE of 39.33x, a ROE of 224 per cent and a ROCE of 175 per cent respectively. The company reported positive numbers in its annual results. The company is almost debt free.

The stock gave multibagger returns of 2526.54 per cent in just 6 months whereas BSE Information Technology Index is down by 4.85 per cent.

On Friday, the domestic benchmark indices were trading in green. BSE Sensex Index is up by 0.17 per cent to a level of 62,535 and NSE Nifty-50 Index is up by 0.23 per cent at a level of 18,530. In the broader market, the indices were also trading in green with BSE Mid-cap Index up by 0.46 per cent and BSE Small-cap Index up by 0.72 per cent.

In FY22, the company reported a net profit of Rs 14 crore compared to a net loss of Rs 103 crore in FY21.

The shares of the company saw a spurt in volume by more than 2.05 times on BSE. 

The stock gave multibagger returns of 250 per cent from its 52-week low of Rs 7.38 per share whereas BSE Small-cap Index was only up by 0.02 per cent.