Rs 2,00,00,00,000 rights issue announced by this multibagger company after reporting a 1,700 per cent jump in net profit in Q1FY24!
Rs 2,00,00,00,000 rights issue announced by this multibagger company after reporting a 1,700 per cent jump in net profit in Q1FY24!

Rs 2,00,00,00,000 rights issue announced by this multibagger company after reporting a 1,700 per cent jump in net profit in Q1FY24!

The stock gave multibagger returns of 105 per cent in just 6 months and over 250 per cent in 1 year.

Kiran Shroff Article rating: 3.8

Earlier, the company announced its stellar quarterly results ended June 30, 2023. The net sales increased by 33.41 per cent to Rs 555 crore, the operating profit increased by 71.43 per cent to Rs 60 crore and the net profit skyrocketed 1,700 per cent to Rs 16 crore in Q1FY24 compared to Q1FY23.

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