Multibagger Microcap Company Bags Order Worth Rs 5.87 Crore from Steel Authority of India – Stock Hits 52-Week High on Tuesday, Gains Over 500 Per cent in Just 1 Year!
Multibagger Microcap Company Bags Order Worth Rs 5.87 Crore from Steel Authority of India – Stock Hits 52-Week High on Tuesday, Gains Over 500 Per cent in Just 1 Year!

Multibagger Microcap Company Bags Order Worth Rs 5.87 Crore from Steel Authority of India – Stock Hits 52-Week High on Tuesday, Gains Over 500 Per cent in Just 1 Year!

The company’s shares have delivered an impressive return of over 110 per cent in the past 6 months only.

Rakesh Deshmukh Article rating: 5.0

The company’s shares have delivered an impressive return of over 110 per cent in the past 6 months only.

Multibagger Stock: This micro-cap metal company bags order worth Rs 25,00,00,000 from Steel Authority of India Ltd
Multibagger Stock: This micro-cap metal company bags order worth Rs 25,00,00,000 from Steel Authority of India Ltd

Multibagger Stock: This micro-cap metal company bags order worth Rs 25,00,00,000 from Steel Authority of India Ltd

The stock has delivered multibagger returns of 322.29 per cent in a year.

Prajwal Wakhare Article rating: 4.4

In the quarterly results of June 30, 2024, revenue decreased to Rs 27.49 crore, down 20.78 per cent year-on-year and 12.65 per cent from the previous quarter. However, net profit increased significantly to Rs 1.62 crore, marking a 268.18 per cent rise year-on-year and a 28.57 per cent increase compared to the previous quarter. For the full financial year, revenue grew by 4.27 per cent to Rs 122 crore, while net profit saw a dramatic turnaround from a loss of Rs 17 crore in FY23 to a profit of Rs 2 crore in FY24.

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