DSIJ Mindshare

Multibagger penny stock from 52-week low; Board of this micro-cap civil construction company is likely to announce stock split!

The stock gave multibagger returns of 205.1 per cent from its 52-week low of Rs 14.35 per share.

Kiran Shroff 0 11185 Article rating: 4.1

According to the quarterly results, the net sales decreased by 2.75 per cent to Rs 8.13 crore while the net profit increased by 91.67 per cent to Rs 0.23 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 24.13 per cent to Rs 35.34 crore and net profit skyrocketed by 246.15 per cent to Rs 0.45 crore compared to FY22.

SEBI makes KYC easier for accessing the stock market

If a client's records can't be verified, they won't be allowed to do more transactions in the stock market until their information is confirmed

Karan Dsij 2 1916 Article rating: 4.1

SEBI has set rules for agencies that handle KYC to make sure they check clients' documents properly. These agencies and stock market intermediaries have to work together to share documents and verify information quickly.

Rs 6,122.3 crore order book: This multibagger railway wagons company likely to announce rights issue after reporting a 385 per cent jump in net profit!

The stock gave multibagger returns of 270 per cent in just 6 months, 360 per cent in 1 year and a whopping 1,000 per cent in 2 years.

Kiran Shroff 0 29320 Article rating: 4.0

The net sales skyrocketed by 155.25 per cent to Rs 753 crore and net profit skyrocketed by 385 per cent to Rs 63 crore in Q1FY24 compared to Q1FY23. The net sales increased by 75.55 per cent to Rs 2068 crore and net profit skyrocketed by 142 per cent to Rs 121 crore in FY23 compared to FY22.

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