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Multibagger stock under Rs 50: This micro-cap company receives Rs 81,24,16,000 from stake sale in ANS Developers Pvt Ltd; scrip jumps over 4 per cent!
Multibagger stock under Rs 50: This micro-cap company receives Rs 81,24,16,000 from stake sale in ANS Developers Pvt Ltd; scrip jumps over 4 per cent!

Multibagger stock under Rs 50: This micro-cap company receives Rs 81,24,16,000 from stake sale in ANS Developers Pvt Ltd; scrip jumps over 4 per cent!

The stock gave multibagger returns of 130 per cent in just 6 months whereas BSE Sensex Index is up by 10 per cent.

Kiran Shroff Article rating: 3.6

The company has a market cap of over Rs 560 crore. In Q1FY24, the net sales increased by 116.66 per cent to Rs 20.73 crore and net profit increased by 165.08 per cent to Rs 4.33 crore compared to Q1FY23.

 

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