Back-to-back upper circuits: Heavy buying witnesses in this micro-cap stock as it receives orders worth Rs 850 crore!
Back-to-back upper circuits: Heavy buying witnesses in this micro-cap stock as it receives orders worth Rs 850 crore!

Back-to-back upper circuits: Heavy buying witnesses in this micro-cap stock as it receives orders worth Rs 850 crore!

The stock is up by 60 per cent in just 1 year and gave multibagger returns of 105 per cent over the span of 3 years.

Kiran Shroff Article rating: 4.1

According to the quarterly results, the net sales decreased by 7.88 per cent to Rs 59.35 crore whereas the net profit increased by 35.53 per cent to Rs 1.03 crore in Q1FY24 compared to Q4FY23. In FY23, the net sales increased by 8.54 per cent to Rs 267 crore and net profit increased by 33.33 per cent to Rs 4 crore compared to FY22.

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