The company's move to allot warrants to ace investors, notably Ashish Kacholia, underscores the company's commitment to growth and financial stability. The stock has given a return of 61.44 per cent in the last year and remarkable multibagger returns of  4547 per cent over past 3 years.

The shares of the company have an ROE of 26.6 per cent and an ROCE of 28.4 per cent.

This rags-to-riches story of a penny stock seems to come straight from a fairy tale world to real life. Can you believe a stock that was trading in single-digit a couple of years back is now trading in three digits? Hard to believe but it is true!  

Xpro India reported that its board of directors proposed issuing bonus equity shares in a 1:2 ratio during its meeting on Wednesday.