Back-to-back upper circuits and 52-week highs in this multibagger stock; the company reports a 488 per cent jump in net profit!
The stock is up by 124.35 per cent in 6 months, 125.86 per cent in 1 year and over 250 per cent in 2 years.
On Monday, one of the Top Gainers on BSE, shares of Innovators Facade Systems Ltd surged 10 per cent upper circuit to Rs 134.06 per share from its previous closing of Rs 121.88. The stock also traded at a new 52-week high of Rs 134.06 per share.
The stoThe net sales increased by 84.30 per cent and net profit skyrocketed by 488.89 per cent in H2FY23 compared to H2FY22. In FY23, net sales skyrocketed by 103.02 per cent and net profit skyrocketed by 426.64 per cent compared to FY22.ck has risen significantly in the recent trading session hitting back-to-back upper circuits and 52-week highs as the company announced stellar H2FY23 and FY23 results.
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Innovations Facade Systems Ltd. was established in 1999. The company is engaged in designing, engineering, fabrication, and installation of facade systems. It offers a different range of products to meet the demands of its customers. Its product basket ranges from glazing curtain walls, high-end doors & windows, skylights, stone cladding, roofing, etc. The company has a market cap of 252.92 crore with a 3-year CAGR of 79 per cent
The stock is up by 124.35 per cent in 6 months, 125.86 per cent in 1 year and over 250 per cent in 2 years. Investors must keep an eye on this micro-cap stock.