DSIJ Mindshare

Shares of the company gained more than 60 per cent in the last six months.

According to the financials, the company reported amazing numbers in its half-yearly results (H2FY23) and annual results (FY23). The net sales increased by 14.99 per cent to Rs 3.61 crore and the net profit increased by 11.36 per cent to Rs 1.18 crore in FY23 compared to FY22.

The company has a market capitalization of over Rs 2100 crore. It has also reduced its debt and has been maintaining a healthy dividend payout of 41.8 per cent. The company has reported excellent numbers in its quarterly results and annual results.

Shares of the company gained more than 25 per cent in the last six months.

The net sales increased by 67.64 per cent to Rs 152.56 crore and net profit increased by 25.41 per cent to Rs 20.34 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 78.18 per cent to Rs 573.75 crore and net profit increased by 69.89 crore compared to FY22.