FIIs Bought 6,77,765 Shares: Multibagger Penny Stock Under Rs 20 Jumps 8.74 Per Cent From Intraday Low With Heavy Volume
The stock is up by 52.3 per cent from its 52-week low of Rs 12.90 per share and has given multibagger returns of 960 per cent in 5 years.
On Wednesday, shares of Sindhu Trade Links jumped 8.74 per cent to Rs 19.65 per share from its intraday low of Rs 18.07 per share. The stock’s 52-week high is Rs 29.11 per share and its 52-week low is Rs 12.90 per share. The shares of the company saw a spurt in volume by more than 3.50 times.
Sindhu Trade Links Ltd is a diversified company primarily focused on transportation logistics and support services. The company's subsidiaries extend its operations into various sectors including media, overseas coal mining, and biomass-based power generation. A significant portion of the company's business involves transportation, with a fleet of over 200 tippers and 100 loaders dedicated to coal transportation. They also operate a petrol pump and engage in lending activities, inherited from the merger of seven companies. Additionally, the company generates rental income from its land and building assets in Haryana, Chhattisgarh and Delhi.
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According to Quarterly Results (Q3FY25), the company reported net sales of Rs 510.87 crore, an operating profit of Rs 57.28 crore and a net loss of Rs 7.47 crore while in its nine-month results (9MFY25), the company reported net sales of Rs 1,434.52 crore, an operating profit of Rs 104.80 crore and a net profit of Rs 180.57 crore. In FY24, the company reported net sales of Rs 1,686 crore, operating profit of Rs 147 crore and net profit of Rs 71 crore.
In March 2025, FIIs took a fresh entry and bought 6,77,765 Shares and increased their stake to 0.04 per cent. The company has a market cap of over Rs 3,000 crore with a CAGR of 55 per cent in 5 years. The stock is up by 52.3 per cent from its 52-week low of Rs 12.90 per share and has given multibagger returns of 960 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.