4-Digit ROE Multibagger Penny Stock at Rs 42.17: Script Hit Consecutive 14 Upper Circuits & 52-Week Highs; PAT Zooms Over 1,600 Per Cent
The stock gave multibagger returns of 128 per cent in just 6 months, 687 per cent in 1 year and a whopping 7,300 per cent in 3 years.
On Friday, shares of Vintron Informatics Ltd were locked in per cent upper cent to Rs 5.64 per share from its previous closing of Rs 41.36. The stock also made a fresh new 52-week high of Rs 42.18 and its 52-week low is Rs 3.81. The shares of the company saw a spurt in volume by more than 1.67 times on BSE. The stock has been hitting consecutive 14 upper circuits & 52-week highs.
Vintron Informatics Ltd was established in 1991. The company produces electronic goods and provides related job work services. In addition, the company is a pioneer in the manufacture of electronic security and surveillance products in India.
In terms of finances, Vintron Informatics Ltd has a market cap of Rs 330.48 crore. According to its Quarterly Results, net sales increased by 3,824 per cent to Rs 167.57 crore in Q4FY24 compared to Rs 4.27 crore in Q4FY23. The company reported a net profit of Rs 16.52 crore in Q4FY24 compared to a net loss of Rs 1.72 crore in Q4FY23, an increase of 1,060 per cent. In its annual results, net sales increased by 841 per cent to Rs 174.12 crore in FY24 compared to Rs 18.51 crore in FY23. The company reported a net profit of Rs 16.65 crore in FY24 compared to a net loss of Rs 1.08 crore in FY23, an increase of 1,642 per cent.
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The shares of the company have a PE of 20x whereas the industry PE is 36x with an ROE of 2,330 per cent. The stock gave multibagger returns of 128 per cent in just 6 months, 687 per cent in 1 year and a whopping 7,300 per cent in 3 years. Investors should keep an eye on this micro-cap IT stock. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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