9 times volume spurt & 52-week high alert: Logistics penny stock under Rs 40 jumps 17.7 per cent; FIIs took a fresh entry!
The stock has given multibagger returns of over 170 per cent from its 52-week low of Rs 12.90 per share and a whopping 1,850 per cent in 5 years.
On Friday, shares of Sindhu Trade Links jumped 17.7 per cent to Rs 35.25 per share from its previous closing of Rs 29.95 per share with 9 times spurt in volume. The stock also made a new 52-week high is Rs 35.25 per share and its 52-week low is Rs 12.90 per share.
Sindhu Trade Links Ltd is a diversified company primarily focused on transportation logistics and support services. The company's subsidiaries extend their operations into various sectors, including media, overseas coal mining, and biomass-based power generation. A significant portion of the company's business involves transportation, with a fleet of over 200 tippers and 100 loaders dedicated to coal transportation. They also operate a petrol pump and engage in lending activities, inherited from the merger of seven companies. Additionally, the company generates rental income from its land and building assets in Haryana, Chhattisgarh and Delhi.
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According to Quarterly Results (Q4FY25), the company reported net sales of Rs 297.35 crore and a net loss of Rs 58.98 crore while in its half-yearly results (H2FY25), the company reported net sales of Rs 807.46 crore and a net loss of Rs 66.45 crore. In FY25, the company reported net sales of Rs 1,731.10 crore (up 3 per cent YoY) and net profit of Rs 121.59 crore (up 72 per cent YoY). The company reduced debt by 63.4 per cent to Rs 372 crore in FY25 compared to FY24.
In March 2025, FIIs made a fresh entry and bought 6,77,765 shares, increasing their stake to 0.04 per cent. The company has a market cap of over Rs 5,200 crore with a CAGR of 70 per cent in 5 years. The stock has given multibagger returns of over 170 per cent from its 52-week low of Rs 12.90 per share and a whopping 1,850 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.