DSIJ Mindshare

Now, here's an intriguing insight: veteran investor Vijay Kedia holds a substantial 18.20 per cent stake in the company, which equates to 50,50,505 shares.

The company has a market cap of Rs 885 crore with a 3-year stock price CAGR of 28 per cent. The net sales increased by 54.45 per cent to Rs 150.27 crore and net profit skyrocketed by 158.30 per cent to Rs 3.34 crore in Q4FY23 over Q4FY22. The net sales increased by 62.86 per cent to Rs 513 crore and net profit skyrocketed by 112 per cent to Rs 3 crore in FY23 over FY22.

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On Thursday, the Sensex increased by 142.43 points to close at 60,806.22, while the Nifty 50 gained by 21.75 points to close at 17,893.45

At 11.30 am on Wednesday, the core equity indices i.e., Sensex & Nifty 50 were trading higher by almost 1 per cent each as the dollar rose higher and the IMF cut the growth forecast by almost a per cent, owing to the effects of the ongoing war in several countries.