Multibagger penny stock under Rs 5: This micro-cap company is set to trade ex-rights issue tomorrow; do you own it?
Multibagger penny stock under Rs 5: This micro-cap company is set to trade ex-rights issue tomorrow; do you own it?

Multibagger penny stock under Rs 5: This micro-cap company is set to trade ex-rights issue tomorrow; do you own it?

The net sales skyrocketed by 236.12 per cent and the net profit skyrocketed by 458.94 per cent in FY23 over FY22.

Kiran Shroff Article rating: 4.0

Seacoast Shipping Services Limited is providing single-window logistics services to exporters and importers. The company has a market cap of Rs 139.72 crore with a 3-year stock price CAGR of 30 per cent. The stock has a PE of 7.05x, a ROE of 36.10 per cent and a ROCE of 38.40 per cent.

Multibagger penny stock under Rs 5; Board announced rights issue!
Multibagger penny stock under Rs 5; Board announced rights issue!

Multibagger penny stock under Rs 5; Board announced rights issue!

The net sales skyrocketed by 236.12 per cent and the net profit skyrocketed by 458.94 per cent in FY23 over FY22.

Kiran Shroff Article rating: 4.2

According to the financials, the net sales increased by 448.64 per cent to Rs 115.50 crore in Q4FY23 over Q4FY22. The company reported a net profit of Rs 2.77 crore in Q4FY23 compared to a net loss of Rs 2.30 crore in Q4FY22. The stock gave multibagger returns of over 140 per cent in just 3 years.

Multibagger penny stock under Rs 10; Board announced rights issue!
Multibagger penny stock under Rs 10; Board announced rights issue!

Multibagger penny stock under Rs 10; Board announced rights issue!

The stock has a PE of 8.21x, a ROE of 37 per cent and a ROCE of 39 per cent.

Kiran Shroff Article rating: 4.3

According to the financials, the net sales increased by 448.64 per cent to Rs 115.50 crore in Q4FY23 over Q4FY22. The company reported a net profit of Rs 2.77 crore in Q4FY23 compared to a net loss of Rs 2.30 crore in Q4FY22. The net sales skyrocketed by 236.12 per cent and the net profit skyrocketed by 458.94 per cent in FY23 over FY22.

Multibagger penny stock under Rs 10; Board likely to announce rights issue!
Multibagger penny stock under Rs 10; Board likely to announce rights issue!

Multibagger penny stock under Rs 10; Board likely to announce rights issue!

The stock has a PE of 8.63x, a ROE of 37 per cent and a ROCE of 39 per cent.

Kiran Shroff Article rating: 4.0

According to the financials, the net sales increased by 448.64 per cent to Rs 115.50 crore in Q4FY23 over Q4FY22. The company reported a net profit of Rs 2.77 crore in Q4FY23 compared to a net loss of Rs 2.30 crore in Q4FY22. The net sales skyrocketed by 236.12 per cent and the net profit skyrocketed by 458.94 per cent in FY23 over FY22.

Stock below Rs 5: Heavy buying witnessed as the stock surges more than 7 per cent today!
Stock below Rs 5: Heavy buying witnessed as the stock surges more than 7 per cent today!

Stock below Rs 5: Heavy buying witnessed as the stock surges more than 7 per cent today!

The company is confident that this partnership will bring mutual benefits to both their companies and looks forward to a successful collaboration

Bhavya Rathod Article rating: 3.9

They remain committed to upholding the highest standards of quality, professionalism and integrity throughout the duration of the contract. 

 

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