640 per cent returns in this multibagger stock: This micro-cap company receives order worth Rs 2.30 crore from Bombay Mercantile Co-operative Bank Ltd!

The stock gave multibagger returns of over 640 per cent in 3 years whereas BSE Sensex Index is up by 73 per cent.

DJ Mediaprint & Logistics informed the exchanges (BSE Script Code: 543513; NSE Script Code: DJML) that the company has secured orders from Bombay Mercantile Co-operative Bank Limited worth Rs 2.30 crore.

The order includes e-security printing services- printing of bank's chequebooks and pay orders for a period of one year to be renewed mutually. Payment terms within 30 days from the date of invoice.

DJ Mediaprint & Logistics Limited provides logistics services. The Company offers picking, packaging, shipping, record management, mailing, and other supply chain-related services. DJ Mediaprint & Logistics serves customers worldwide.

This services company has a market of Rs 160 crore. The company reported positive numbers in its Quarterly Results and annual results. In Q1FY24, the sales increased by 32.4 per cent to Rs 8.62 crore and net profit increased by 37.5 per cent to Rs 0.22 crore compared to Q1FY23. The sales increased by 7 per cent to Rs 50.55 crore and net profit increased by 11 per cent to Rs 3.33 crore in FY23 compared to FY22.  

Today, shares of DJ Mediaprint and Logistics plunged 4.95 per cent to Rs 145.1 per share from its previous closing of Rs 152.65. The stock’s intraday high is Rs 152.9 and an intraday low is Rs 145.1. The stock has a 52-week high of Rs 209.3 and a 52-week low of Rs 103.6.

The stock gave multibagger returns of over 640 per cent in 3 years whereas BSE Sensex Index is up by 73 per cent. Investors should keep this stock under the radar.