DSIJ Mindshare

Multibagger penny stock under Rs 50; Board likely to announce stock split!

The stock gave multibaggers returns of 144 per cent from its 52-week low of Rs 14.35 per share.

Kiran Shroff 1 12521 Article rating: 3.7

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.

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