DSIJ Mindshare

On Thursday, Indian markets inched up towards 52-week highs, while the dollar suffered minor losses.

Shares of the company saw a spurt in volume by more than 8.08 times on BSE.

The company has delivered impressive returns of 98 per cent over the last 3 years and 143 per cent over the last 5 years. Additionally, it has achieved a 15 per cent growth in sales (CAGR) and a 12 per cent growth in profit (CAGR) over the past 5 years.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 367.23 points or 0.58 per cent. 

Recently, the company along with its group entities has received orders worth Rs 60 crore for the supply of brass parts to the party to be completed in 1 year span. Earlier to this, the company completed the migration from the BSE SME platform to BSE Mainboard. Additionally, in the financial year 2023-2024, The Board of Directors of the company approved bonus shares in the proportion of 2:3 which had a record date of April 28, 2023.