52-week high alert: This micro-cap industrial product company reports a 488.89 per cent jump in net profit!

Praveenkumar Yadav
/ Categories: Trending, Mindshare
52-week high alert: This micro-cap industrial product company reports a 488.89 per cent jump in net profit!

Shares of the company grew by more than 40 per cent in the last one month.

Innovators Facade Systems Limited experienced a strong in its financial performance, specifically PAT and PBT. In H2FY23, the company reported a profit of Rs 7.26 crore. In H2FY23, the revenue of the company reached Rs 109.10 crore which grew by 84.3 per cent YoY. The company’s operating profit surged by 69.05 per cent staying at Rs 11.38 crore, while the PAT of the company stood at Rs 7.26 crore, with an increase of 488.09 per cent.

The market reacted to the news positively and shares of Innovators Facade Systems Limited made a fresh 52-week high at Rs 131.58 on Friday.

Innovators Facade Systems Limited (IFSL), is an Aluminium Facade contractor for designing, engineering, fabrication and installation of all types of facade systems. The product line of the company includes glazing, curtain walls, high-end doors and windows, skylights, canopies, louvre, stone cladding, metal cladding and roofing.

On Friday, the stock opened at Rs 126.00, with a high and low of Rs 131.58 and Rs 115.05. The stock previously closed at Rs 119.52. On Friday, the stock closed at Rs 121.88, up by 1.89 per cent.

Overall, the financial performance of the company showed excellent growth and demonstrated improvement in profit margins, indicating better operational efficiency, and investors should keep a close eye on this stock.

DSIJ offers a product ' Flash News Investment' with recommendations for Profit-making Ideas for You (Weekly) based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the product details pdf here download the product details pdf here

Rate this article:
4.0

1 comments on article "52-week high alert: This micro-cap industrial product company reports a 488.89 per cent jump in net profit!"

Avatar image

MAnsukh gandhi

How can make 100 cr equity in 15 years and what amount invested monthly

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary26-Sep, 2023

Bonus and Spilt Shares26-Sep, 2023

Mindshare26-Sep, 2023

SME26-Sep, 2023

Mindshare26-Sep, 2023

Knowledge

General26-Sep, 2023

Technical25-Sep, 2023

Technical24-Sep, 2023

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Investment in securities market are subject to market risks.Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.