Multibagger penny stock under Rs 25 hits 5 per cent upper circuit as the company reports stellar quarterly results!
Multibagger penny stock under Rs 25 hits 5 per cent upper circuit as the company reports stellar quarterly results!

Multibagger penny stock under Rs 25 hits 5 per cent upper circuit as the company reports stellar quarterly results!

The stock gave multibagger returns of 135 per cent from its 52-week low of Rs 9.90 per share.

Kiran Shroff Article rating: 3.9

According to the annual results, the net sales increased by 11.36 per cent to Rs 16.72 crore and net profit increased by 201.73 per cent to Rs 0.70 crore in FY23 over FY22. Additionally, the company announced bonus shares in the ratio 1:2 to its shareholders as of the record date. The ex-bonus date was Wednesday, May 03, 2023.

Multibagger stock under Rs 40: Don't miss the action in this micro-cap stock that has announced bonus shares!
Multibagger stock under Rs 40: Don't miss the action in this micro-cap stock that has announced bonus shares!

Multibagger stock under Rs 40: Don't miss the action in this micro-cap stock that has announced bonus shares!

The stock gave multibagger returns of 152.39 per cent from its 52-week low of Rs 14.85 per share. 

Kiran Shroff Article rating: 4.1

The stock has hit back-to-back upper circuits in recent trading stocks because this micro-cap company announced bonus shares in the ratio 1:2 to its shareholders as of the record date.

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