Debt-free multibagger penny stock under Rs 25: This fintech innovator signs MoU with Bestvantage Technology India Private Limited
The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 9.76 per share and a whopping 570 per cent in 3 years.
Bartronics India Limited today signed a Memorandum of Understanding (MoU) with Bestvantage Technology India Private Limited, based in Thane, Maharashtra, to collaborate on exploring potential investment opportunities aligned with Bartronics' strategic goals. Leveraging Bestvantage's expertise in alternative investments and startup verification, the partnership aims to identify and assess promising ventures that can contribute to Bartronics' growth and expansion.
Earlier, the company partnered with Bank of India to expand financial inclusion and community development initiatives. This collaboration marks a significant step towards providing essential banking services to underserved populations. By leveraging its technological expertise, Bartronics aims to reach approximately 1,00,000 customers daily, offering them accessible banking solutions. This expansion is expected to enhance financial literacy and empower individuals who have traditionally faced barriers to banking services.
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About the Company
Bartronics India Limited is a pioneering company in the fintech industry, dedicated to delivering innovative financial solutions and fostering inclusive growth. The mission of the organisation is to provide accessible banking services and empower underserved communities through strategic partnerships and initiatives.
On Wedmesday, shares of Bartronics India Limited plunged 1.83 per cent to Rs 21.95 per share from its previous closing of Rs 22.36 with an intraday high of Rs 22.62 and an intraday low of Rs 21.92. The stock’s 52-week high is Rs 28.67 while its 52-week low is Rs 9.76. The company has a market cap of over Rs 660 crore and as of March 31, 2024, the company is debt-free. The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 9.76 per share and a whopping 570 per cent in 3 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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