Penny stock under Rs 30: This Catechu producer announces stellar quarterly results and dividend; reports a 200 per cent jump in net profit! Penny stock under Rs 30: This Catechu producer announces stellar quarterly results and dividend; reports a 200 per cent jump in net profit! What is a Catechu? Kiran Shroff / Saturday, August 19, 2023 / Article rating: 3.9 The stock is currently trading at 0.49 times its book value of Rs 55.2.
176 per cent jump in net profit: Penny stock under Rs 30 hits back-to-back upper circuits on stellar quarterly results! 176 per cent jump in net profit: Penny stock under Rs 30 hits back-to-back upper circuits on stellar quarterly results! The shares of the company also saw a spurt in volume by more than 4.20 times on BSE. Kiran Shroff / Wednesday, August 2, 2023 / Article rating: 3.8 According to the annual results, the net sales increased by 2.25 per cent to Rs 182 crore and net profit skyrocketed by 300 per cent to Rs 2 crore in FY23 over FY22.