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1,177 per cent jump in net profit: Heavy buying witnessed in this penny stock under Rs 30; hit 52-week high!
1,177 per cent jump in net profit: Heavy buying witnessed in this penny stock under Rs 30; hit 52-week high!

1,177 per cent jump in net profit: Heavy buying witnessed in this penny stock under Rs 30; hit 52-week high!

1,160 per cent jump in net profit: Heavy buying witnessed in this penny stock under Rs 30; hit 52-week high!

Kiran Shroff Article rating: 3.8

According to the annual results, the net sales increased by 21.62 per cent to Rs 225 crore, operating profit increased by 13.33 per cent to Rs 17 crore and net profit increased by 100 per cent to Rs 6 crore in FY23 compared to FY22. The company has a market cap of Rs 125 crore with a 5-year stock price CAGR of 65 per cent.

 

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