Multibagger micro-cap company bags new order worth Rs 5,57,00,000 from Ayushman Bharat - Haryana Health Protection Authority
The stock gave multibagger returns of 485 per cent in just 1 year and a whopping 1,400 per cent in 10 years.
Atishay Limited has been honoured with a significant work order from the Ayushman Bharat-Haryana Health Protection Authority. This prestigious project involves the printing and delivery of PVC cards across 14 districts in Haryana. The total contract value of this endeavour amounts to Rs 5.57 crore, and the project is slated for completion within 120 days. This aligns perfectly with our core business focus and demonstrates our commitment to delivering high-quality services. We are confident in our ability to execute this project within the stipulated timeframe, adhering strictly to the NHA guidelines.
Earlier, the company secured a Rs 1.93 crore contract from the Himachal Pradesh government to digitize its Agriculture and Rural Development Banks. This project will enhance financial accessibility and operational efficiency in rural areas. Building on its successful track record in similar projects, Atishay Limited is well-positioned to deliver impactful technology solutions and contribute to the growth of the agricultural financial services sector.
About the Company
Incorporated in 1989, Atishay Ltd is an IT consultancy and Services company that offers services of data management, software development, E-Governance, retail fintech, and the implementation of turnkey IT solutions. The company has a market cap of Rs 250 crore.
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Quarterly Results: The net sales increased by 78 per cent to Rs 13.01 crore, operating profit increased by 49 per cent to Rs 2.07 crore and net profit increased by 41 per cent to Rs 1.45 crore in Q2FY25 compared to Q2FY24.
Annual Results: The net sales increased by 106 per cent to Rs 43.26 crore, operating profit increased by 245 per cent to Rs 9.63 crore and net profit increased by 756 per cent to Rs 5.55 crore in FY24 compared to FY23.
On Thursday, shares of Atishay Ltd plunged 0.85 per cent upper circuit to Rs 228 per share from its previous closing of Rs 229.95 per share. The stock’s 52-week high is Rs 249.90 per share and its 52-week low is Rs 39 per share. The stock gave multibagger returns of 485 per cent in just 1 year and a whopping 1,400 per cent in 10 years. Investors should keep a close eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.