Under Rs 200: Microcap Company Bags Order Worth Rs 1,93,00,000 From DFM Foods; Keep This Stock on Your Radar!

The company’s shares have delivered an impressive return of around 75 per cent in just 3 months only.

Incorporated in 2006, Pramara Promotions Ltd specializes in the ideation, conceptualization, design, manufacturing, and marketing of promotional products and gift items. As a leading promotional marketing agency, the company assists clients in promoting their products and services. Based on customer inputs, PPL develops and creates merchandise or products that help brands connect with their consumers.

The company has received a purchase order worth approximately Rs 1.93 crore (including GST) from DFM Foods Limited for the supply of toys. The order involves supplying a variety of toys according to the specified terms and conditions. The contract is to be executed by November 1, 2024.

Pramara Promotions Ltd shares closed the day at around Rs 160.30 per share. The company’s current market capitalization stands at Rs 144.83 crore. The stock has delivered a return of over 70 per cent in just 3 months.

As per the Quarterly Results, in the fourth quarter of FY24, Pramara Promotions Ltd recorded a revenue of Rs 42.57 crore. The operating profit for Q4 FY24 stood at Rs 6.79 crore. The net profit for Q4 FY24 was Rs 3.21 crore. Looking at the annual performance, the company generated a revenue of Rs 63.48 crore in FY24, compared to Rs 50.06 crore in FY23. The operating profit for FY24 was Rs 9.99 crore with a net profit of Rs 3.95 crore.

According to the shareholding pattern, promoters own 57.49 per cent, while the remaining 42.51 per cent is owned by public investors. Both the FIIs and DIIs do not have a stake in the company.

Investors must keep this micro-cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.