DSIJ Mindshare

The stock gave multibagger returns of 150 per cent in just 6 months, 400 per cent in 1 year and a whopping 1,850 per cent returns in 3 years.

In FY23, net sales increased by 44 per cent to Rs 2,780 crore compared to FY22. The company reported a net profit of Rs 126 crore in FY23, compared to a net loss of Rs 1 crore in FY22. The company has reduced its debt and delivered a strong profit growth of 24.1 per cent CAGR over the last 5 years.

In FY23, net sales increased by 44 per cent to Rs 2,780 crore compared to FY22. The company reported a net profit of Rs 126 crore in FY23, compared to a net loss of Rs 1 crore in FY22. The company has reduced its debt and delivered a strong profit growth of 24.1 per cent CAGR over the last 5 years.

The stock gave multibagger returns of 112 per cent in just 6 months and over 200 per cent in 1 year. The stock gave multibagger returns of 230 per cent in just 6 months and over 400 per cent in 1 year.

The company has received a Letter of Acceptance from Gujarat Metro Rail Corporation Limited for designing, manufacturing, and supplying standard gauge metro coaches for Surat Metro Rail Phase-I. The company secured wagon orders worth Rs 443 crore, increasing the wagon order book from private players to 20 per cent of the FTRS order book.