Invest less, earn more: This below Rs 10 multibagger company soared 500 per cent in just one year and received orders totalling Rs 11 crore!
The stock has gained 65 per cent in just one month and climbed around 400 per cent over the last six months!
Following a company's announcement that it has secured orders worth Rs 11 crore for the delivery of premium dry fruits, the shares of Integra Essentia Ltd soared and locked in at a 5 per cent upper circuit on Friday, reaching an all-time high of Rs 8.06 per share on BSE.
Investors' attention is being drawn to this stock by back-to-back upper circuits. An investment of Rs 1 lakh made in the company last year would now be worth Rs 6 lakh as its shares soared more than 500 per cent in just one year! The stock has gained 65 per cent in just one month and climbed around 400 per cent over the last six months!
It is a Delhi-based company that deals in a variety of products as well as services necessary to sustain modern life, including food (agro products), clothing (textiles, garments), infrastructure (materials & services for construction and infrastructure development), energy (products & services for renewable energy equipment and projects), etc.
For FY22, its company generated sales of Rs 68.53 crore, an operating income of Rs 1.14 crore, and a net profit of Rs 1.09 crore. The company's market capitalisation stood at Rs 310 crore.
Given the positive long-term prospects and the company's ability to generate outstanding returns, we suggest keeping a close eye on this stock.