Multibagger Alert: This realty penny stock has soared by 27 per cent in just 5 days!
The scrip is consistently getting locked in the 5 per cent upper circuit on the BSE since August 12, 2022.
The shares of this company have hit back-to-back upper circuits in the last week. The scrip is consistently getting locked in the 5 per cent upper circuit on the BSE since August 12, 2022.
The shares of PVP Ventures Ltd witnessed a spurt in volume to the tune of 11x on Friday.
The stock has been soaring and gained 42 per cent in just a month’s time.
PVP Ventures Limited is currently engaged in purchasing, acquiring, and leasing land, buildings, structures, and properties to develop the same into townships, markets, residential, industrial, or commercial complexes. PVP Ventures is engaged in the business of planning and evaluating all steps, processes, and techniques for setting up, managing, operating and transferring various types of infrastructure projects.
The company recently announced its Quarterly Results for Q1FY23 wherein, its net sales soared 4495.06 per cent to Rs 160 crore as compared to Rs 3.48 crore in Q1FY22. The operating profit also jumped by 6077.02 per cent and stands at Rs 147.82 crore as against the operating profit of Rs 2.39 crore for Q1FY22. The net profit has also improved and stands at Rs 42.59 crore, which the company managed to achieve despite the net loss of Rs 4.56 crore that was recorded for the same quarter last year.
The shares of PVP Ventures ended 4.99 per cent higher at Rs 8.63 a piece on the BSE today.
Watch out for this multibagger in the upcoming trading sessions!