Penny stock below Rs 65: This micro-cap pharma company bags new order worth Rs 1,00,00,000 from Taha Drugs & Chemicals Co. Ltd!

The shares of the company have an ROE of 50 per cent and an ROCE of 63.4 per cent.

Shelter Pharma Ltd informed that the company secured a noteworthy order from Taha Drugs & Chemicals Co. Ltd for the product Allvitamins Tablet Nutraceutical 60,000 boxes and Joemega Capsule Nutraceutical 60,000 boxes worth Rs 1,00,00,000 approximately. The company received this order from an international entity – Sudan and will be completed within 4 months from LOI.

Shelter Pharma Limited manufactures pharmaceutical products. The company offers herbal medicines that cover veterinary, poultry, and human health care. Shelter Pharma serves customers in India.

Today, shares of Shelter Pharma Ltd 0.91 per cent to Rs 62.4 per share from its previous closing of Rs 61.84 per share. The stock’s 52-week high of Rs 70.95 and its 52-week low of Rs 37.5. The stock falls under S&P BSE SME IPO with a lot size of 3,000 shares.

The company has a market cap of over Rs 70 crore. The company’s current debt is Rs 0.45 crore which is less than 1 per cent of the market cap. The company reported positive numbers in its half-yearly results and annual results. The promoters own more than half of the company's shares, with 56.89 per cent while the general public owns the rest, with 43.11 per cent. There are 836 public shareholders as of September 2023.

The shares of the company have an ROE of 50 per cent and an ROCE of 63.4 per cent. The stock is up 67 per cent from its 52-week low of Rs 37.5 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.