Multibagger penny stock below Rs 10: This micro-cap company’s subsidiary generates substantial revenue of USD 4,145,378 through data insights product!

Kiran Shroff
/ Categories: Trending, Penny Stocks
Multibagger penny stock below Rs 10: This micro-cap company’s subsidiary generates substantial revenue of USD 4,145,378 through data insights product!

The stock has a 52-week high of Rs 13 and 52-week low of Rs 5.81 with multibagger returns of over 400 per cent in 3 years.

Global Markets Insights IT Services LLC, a wholly-owned subsidiary of Pressure Sensitive Systems India Ltd (PSIL), has generated substantial revenue through its latest product offering in the field of data insights for global markets. The company has secured revenues of approximately USD 4,145,378 through its cutting-edge data insights product.

This achievement underscores PSIL's commitment to delivering innovative solutions to its clients and expanding its presence in the competitive global markets. The company's success in generating such impressive revenue can be attributed to several factors, including its unwavering dedication to excellence, a talented team of professionals, and a clear focus on meeting the evolving needs of its clients.

Through its relentless efforts, Global Markets Insights IT Services LLC has established itself as a key player in the data insights sector, providing valuable information and strategic insights to businesses worldwide. This achievement not only strengthens PSIL's position in the market but also reflects the collective commitment of its team towards its corporate vision and mission.

PSIL believes that the subsidiary's continued growth and success will contribute positively to its overall performance. As the company moves forward, it remains committed to fostering innovation, enhancing client satisfaction, and pursuing excellence in all its endeavours. PSIL expresses its gratitude to its dedicated employees, valued clients, and supportive stakeholders who have played a pivotal role in reaching this milestone.

Pressure Sensitive Systems India Ltd has a market cap of Rs 132.19 crore. It is engaged in manufacturing cloth tapes. The company produces nylon, rayon, cotton, and fibreglass tapes. The company is also engaged in the business of other financial services.

One of the Top Gainers on BSE today, shares of Pressure Sensitive Systems (India) Ltd surged 5 per cent upper cent to Rs 8.01 per share from its previous closing of Rs 7.63. In recent trading sessions, the stock had hit back-to-back upper circuits and spurt in volume.

The stock has a 52-week high of Rs 13 and 52-week low of Rs 5.81. The stock gave multibagger returns of over 400 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice. 

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

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