Over the past year, the company's shares have yielded a multibagger return of 137.03 per cent surpassing the BSE Realty's impressive 135.18 per cent increase.

The company has a market cap of Rs 501 crore with an ROE of 18.5 per cent and an ROCE of 19.9 per cent. In Q3FY24, the net sales increased by 10 per cent to Rs 33.37 crore and the net profit increased by 1,216 per cent to Rs 4.87 crore compared to Q3FY22. The net sales increased by 1,216 per cent to Rs 4.87 crore and net profit increased by 16 per cent to Rs 2.21 crore in FY23 compared to FY22.

This feature proves particularly beneficial for investors requiring immediate access to their funds for alternative investment purposes.

The company will offer targeted solutions for banks ranked among the Fortune 100 and over the past year, the company's shares have appreciated by 38.25 per cent

Talking about the financials, the company has a market cap of Rs 833 crore with a 3-year stock price CAGR of 193 per cent. According to the Quarterly Results, the net sales increased by 44.42 per cent to Rs 65.51 crore and net profit increased by 5.88 per cent to Rs 3.06 crore in Q3FY24 compared to Q3FY23. As of December 2023, promoters own a 48.81 per cent stake in the company, Domestic Institutional Investors (DIIs) own 2.48 per cent stake and the rest of the stake is owned by the general public i.e., 48.71 per cent.

Leveraging Redington's expansive network of partners, the alliance aims to facilitate access to Zoho's acclaimed solutions for businesses of all sizes.

The broader markets were in positive territory, with the BSE Mid-cap Index up 0.50 per cent and the BSE Small-cap Index up 0.50 per cent.

On April 04, 2024, foreign institutional investors (FII) offloaded shares worth Rs 1,136.47 crore, while domestic institutional investors (DII) sold shares worth Rs 893.11 crore.

Shares of the company gained more than 50 per cent in the last six months.

Overall, the broader market sentiment remains slightly positive, with 1,324 stocks advancing compared to 773 stocks declining.