DSIJ Mindshare

The stock falls under the SME segment with a lot size of 800 shares and gave multibagger returns of 122 per cent in just 1 year.

Additionally, the Company has paid back Rs 70 million approx., taking the total amount of bank debt down to Rs 650 million approx. and the overall bank-debt reduction till date from the peak to Rs 962 million.  

Earlier, the company paid back Rs 70 million approx., taking the total amount of bank debt down to Rs 650 million approx. and the overall bank-debt reduction till date from the peak to Rs 962 million. It is pertinent to add that the company has set a goal for becoming a 100 per cent debt-free entity within FY 2023-2024 under a debt reduction program.

As of December 2022, the company is almost debt-free, with the promoters owning 74.99 per cent of the shares and the general public owning the remaining 25.01 per cent.

The stock gave multibagger returns of 463.84 per cent in just 6 months whereas BSE Information Technology Index rose only 0.26 per cent.