This multibagger stock skyrocketed more than 300 per cent in just 3 months!

Bhavya Rathod
This multibagger stock skyrocketed more than 300 per cent in just 3 months!

The company has shown positive traction as it has skyrocketed more than 303 per cent in just 3 months

Containe Technologies Limited  is engaged in the business of automobile safety and GPS solutions in the automobile sector. Incorporated in 2008, the company manufactures a wide range of technology-intensive electronic and mechanical automotive products. The market capitalization of the company is around Rs 52 crore.     

On Friday, shares of Containe Technologies surged and got locked at 5 per cent upper circuit at Rs 90.70. On December 21, 2022, the company made a new 52-week high level of Rs 99.90.    

In the September quarter of 2022, the company’s revenue of operations stood at Rs 9.20 crore. The company reported a Profit After Tax (PAT) of Rs 0.23 crore.  Recently the company, in its press release stated that they have secured approval for registration of the VLT (Vehicle Location Tracking) devices, for usage in the state of West Bengal.    

Post its listing, the company has shown positive traction as it has skyrocketed more than 303 per cent in just 3 months. Keep a close eye on this trending multibagger stock.

Rate this article:
4.0

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary14-Oct, 2024

Penny Stocks14-Oct, 2024

Bonus and Spilt Shares14-Oct, 2024

Multibaggers14-Oct, 2024

Multibaggers14-Oct, 2024

Knowledge

Technical14-Oct, 2024

MF14-Oct, 2024

Technical11-Oct, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR