Wires & Conductor Penny Stock Below Re 1 Jumps After Reporting 1,306 Per Cent Jump in PAT; Trades at Single-Digit PE
The stock is up by 6 per cent from its 52-week low of Rs 0.51 per share.
Godha Cabcon and Insulation Ltd, a manufacturer of conductors and wires to test, announced stellar Quarterly Results (Q4FY25) and annual results (FY25). Here are the details:
Quarterly Results: The net sales increased by 314 per cent to Rs 69.16 crore in Q4FY25 compared to Rs 16.69 crore in Q4FY24 while the net profit increased by 166 per cent to Rs 3.24 crore in Q4FY25 compared to Rs 1.22 crore in Q4FY24.
Annual Results: The net sales increased by 947 per cent to Rs 175.55 crore in FY25 compared to Rs 16.76 crore in FY24 while the net profit increased by 1,306 per cent to Rs 7.17 crore in FY25 compared to Rs 0.51 crore in FY24.
Godha Cabcon and Insulation Ltd, founded in 2007, is an Indore-based manufacturer of aluminium conductors used in overhead electricity transmission and distribution lines. Their product range includes bare overhead conductors (AAAC) for primary and secondary distribution, aluminium conductor steel reinforced (ACSR) cables for overhead transmission, all aluminium conductors (AAC) for overhead transmission and distribution, and armoured and unarmoured cables for underground electricity supply in power networks and ducting.
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On Friday, shares of Godha Cabcon & Insulation Ltd hit a 5 per cent upper circuit to Rs 0.54 per share from its previous closing of Rs 0.52 per share. The stock’s 52-week high is Rs 1.41 per share and its 52-week low is Rs 0.51 per share. The shares of the company have a single-digit PE of 7x whereas the industry PE is 31x. Godha Cabcon & Insulation Ltd has a market cap of Rs 50.6 crore. The stock is up by 6 per cent from its 52-week low of Rs 0.51 per share.
Disclaimer: The article is for informational purposes only and not investment advice.