Keep an eye on this stock, which was locked in the upper circuit on February 03

Today, shares of the company saw a spurt in volume by more than 1.40 times on BSE.  

One of the Top Gainers on Friday, shares of Naapbooks Ltd surged and reached an upper price band of Rs 69.60 per share, after being locked in the 20 per cent upper circuit from its previous closing of Rs 58. The stock has a 52-week high of Rs 90 and a 52-week low of Rs 48.10.  

In a recent press release, the company stated that it will explore opportunities for fund raising through the issuance of preferential shares/share warrants or through a rights issue and that a meeting of the Company's Board of Directors will be held on Tuesday, February 7, 2023.  

Incorporated in 2017, Naapbooks Ltd is in the business of developing and providing Information Technological solutions and Software Consultancy services. Today, shares of the company saw a spurt in volume by more than 1.40 times on BSE.  

Talking about the financials, Naapbooks Ltd has a market cap of Rs 12.92 crore. The company reported excellent results in its quarterly and annual financial statements. In the September quarter (Q2) net profit skyrocketed 120 per cent over the same quarter last year. Year to date the stock has given 39.20 per cent returns. Investors should keep an eye on this Small-Cap stock.