Stock under Rs 100: This micro-cap agrochemical company receives orders worth Rs 226.17 lakh!

The stock gave 13 per cent returns to its investors in just 1 month.

Aristo Bio-Tech & Lifescience Ltd is an agrochemical company. They are mainly engaged in the manufacturing, formulation, supplying, packaging, and job work services of various pesticides.

The company informed the exchange (NSE - SM: ARISTO) that it had received 3 orders worth Rs 226.17 lakh. Details below:

Order No -1: The company received an order worth Rs 1,15,07,189 from DVA Agro GmbH. The order includes the supply of some agrochemicals on a freight-paid basis and will be executed within 45 days from LOI (August 22, 2023).

Order No -2: The company received 2 orders worth Rs 21,10.000 from Pioneer Pesticides Pvt Ltd. The order includes the supply of some agrochemicals on a freight-F.O. R basis and will be executed within 90 days from LOI (August 22, 2023).

Order No -3: The company received an order worth Rs 90,00,000 from Advance Agrolife Pvt Ltd. The order includes the supply of some agrochemicals on a freight-F.O. R basis and will be executed immediately from LOI (August 22, 2023).

On Friday, shares of Aristo Bio-Tech & Lifescience surged 0.13 per cent to Rs 76.75 per share with an intraday high of Rs 77.25 and an intraday low of Rs 76.75. The stock gave 13 per cent returns to its investors in just 1 month.

The stock of the company was listed on the NSE as an SME company with a lot size of Rs 1,600 equity shares on February 03, 2023. The company has a market cap of Rs 52 crore. The net sales increased by 3.15 per cent to Rs 218 crore and net profit skyrocketed 300 per cent to Rs 4 crore in FY23 over FY22. The shares of the company have a PE of 13.4x, a ROE of 24 per cent and a ROCE of 18.6 per cent.

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