Penny scrip under Rs 2: This micro-cap company is into expansion of business with BG Networks Pvt Ltd!
Penny scrip under Rs 2: This micro-cap company is into expansion of business with BG Networks Pvt Ltd!

Penny scrip under Rs 2: This micro-cap company is into expansion of business with BG Networks Pvt Ltd!

The stock is up by 25 per cent in 1 year, 73 per cent in 2 years and gave multibagger returns of over 150 per cent in a decade.

Kiran Shroff Article rating: 3.5

According to the quarterly results, the net sales increased by 26.67 per cent to Rs 0.76 crore and net profit decreased by 6.25 per cent to Rs 0.15 crore in Q1FY24 compared to Q1FY23. The company reported net sales of Rs 2.53 crore and net profit of Rs 0.77 crore in FY23.

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