360 per cent returns in just 1 year: This micro-cap multibagger stock hits back-to-back upper circuits!
On Monday, shares of the company surged by 10 per cent and hit its upper circuit of Rs 86.27.
Omega Interactive Technologies Limited is a technology and consulting company that offers a variety of services, including application consulting, infrastructure management, software development and business process management. They cater to industries such as finance, retail, communications, media, entertainment, fashion, manufacturing, travel, leisure and technology.
Omega Interactive Technologies Ltd recently announced their FY23 results in which the sales of the company surged by 11.76 per cent to Rs 0.19 crore, operating profit of the company grew by 160 per cent to Rs 0.03 crore while net profit of the company surged by 500 per cent to Rs 0.06 crore.
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Furthermore, the company has been able to grow its sales by 22 per cent (CAGR) for the past 5 years and net profit by 52 per cent (CAGR) for the same period.
The company has delivered exceptional returns of 367 per cent from the day of its listing month in March 2022.
On Monday, shares of the company surged by 10 per cent and hit its upper circuit of Rs 86.27. Additionally, the scrip had a spurt in volume by more than 1.32 times. Moreover, the stock has been consistently hitting its upper circuit for the past 4 trading days.
Investors should keep a close eye on this trending stock.