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Penny stock under Rs 30: This micro-cap civil construction company receives order worth Rs 2,24,16,222 from Tecnimont S.P.A.
Penny stock under Rs 30: This micro-cap civil construction company receives order worth Rs 2,24,16,222 from Tecnimont S.P.A.

Penny stock under Rs 30: This micro-cap civil construction company receives order worth Rs 2,24,16,222 from Tecnimont S.P.A.

The stock is up by 39 per cent in just 1 month.

Kiran Shroff Article rating: 3.7

According to half-yearly results, the net sales increased by 272.53 per cent to Rs 17.36 crore and net profit increased by 164.21 per cent to Rs 2.53 crore in H2FY23 compared to H2FY22. As of June 2023, the promoters own a 70.57 per cent stake in the company and the rest 29.43 per cent stake is owned by the general public.

 

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