DSIJ Mindshare

Investors should keep a close eye on this trending stock.

Investors are extremely positive on this paint sector company after it reported strong profit and sales growth in FY23.

The revenue from operations grew by 10.04 per cent to Rs 168.89 crore and PAT increased by 7.45 per cent to Rs 14.13 crore in Q4FY23 over Q4FY22. The revenue from operations recorded a healthy growth of 30.45 per cent to Rs 650.38 crore and PAT increased by 59.94 per cent to Rs 49.92 crore in FY23 over F

According to the financials, the company has a market cap of Rs 288.50 crore and has delivered good profit growth of 37.9 per cent CAGR over the last 5 years. Additionally, the company has reported amazing numbers in its quarterly results and annual results.

In Q4FY23, the company reported a 42.39 per cent increase in net profit YoY.