Only Buyers: Debt-Free Multibagger Penny Stock Under Rs 2 Hit Upper Circuit On April 02
The stock has risen by 21.6 per cent from its 52-week low of Rs 1.02 per share and has given multibagger returns of over 500 per cent in 5 years.
Today, shares of Teamo Productions HQ Ltd hit a 5 per cent upper circuit to an intraday high of Rs 1.24 per share from its previous closing of Rs 1.19 per share. The stock’s 52-week high is Rs 2.78 per share and its 52-week low is Rs 1.02 per share.
Teamo Productions HQ Limited, evolving from its engineering origins as GI Engineering Solutions Limited, has broadened its scope to encompass a multifaceted business model, spanning civil engineering services like land planning and surveying, infrastructural development via residential and commercial projects in the Delhi NCR region, and a robust entertainment division engaged in film production, distribution, and a wide array of content creation including animation, CGI, and OTT films, both domestically and internationally, all while maintaining a focus on delivering simple and dependable solutions to enhance living standards and safety.
According to Quarterly Results, the company reported net sales of Rs 94.45 crore and net profit of Rs 0.47 crore in Q3FY25. In its nine-month results, the net sales increased by 3 per cent to Rs 354.06 crore and net profit skyrocketed by 144 per cent to Rs 3.44 crore in 9MFY25 over 9MFY24. The company reported revenue from operations of Rs 457.96 crore in FY24 vs Rs 830.38 crore in FY23. The net profit increased by 69.4 per cent to Rs 4.88 crore in FY24 compared to Rs 2.88 crore in FY23.
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TPHQ has also secured orders valued at Rs 120 million from Ganga Realty Group, a prominent infrastructure development company. This win highlights TPHQ's strategic focus on expanding its project sales segment and direct-to-consumer sales within the infrastructural steel market. By securing these orders, TPHQ aims to increase sales volume and improve profitability while solidifying its position as a key player in the engineering products sector.
The company has a market cap of Rs 136 crore and working capital requirements have been reduced from 4,804 days to 40.6 days. The stock has risen by 21.6 per cent from its 52-week low of Rs 1.02 per share and has given multibagger returns of over 500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.