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.

The stock is up by 66 per cent from its 52-week low of Rs 16.10 per share and a whopping 230 per cent in 3 years.

Today, shares of Deep Energy Resources Ltd trading at Rs 190 per share up by 3.55 per cent. The stock’s 52-week high is Rs 237 and its 52-week low is Rs 109.

The stock gave multibagger returns of 1,462 per cent in 3 years and a whopping 2,060 per cent in a decade.