DSIJ Mindshare

Auto Portal Small-cap Stock Sky Rockets with 132 per cent Profit Growth; Triggered 20 per cent Upper Circuit

CarTrade Tech zoomed 19.04 per cent on Friday to trade at its 52 weeks high amid positive results and staggered growth in revenue. A surge in volume occurred, experiencing an increase of over 25.31 times on November 10, 2023.

Prajwal Wakhare 0 3638 Article rating: 4.1

In Q2FY24, company demonstrated a substantial growth in Net Revenue, reaching Rs 147.94 crores, marking an impressive 44 per cent increase compared to the same quarter in the previous fiscal year. This remarkable surge reflects the company's effective strategies and robust operational performance. Similarly, the Profit After Tax for Q2FY24 witnessed an extraordinary year-on-year growth of 132 per cent, soaring to Rs 12.97 crores.

Zerodha Broking makes Rs 4.82 crore in this new-age small-cap tech company, as its stock jumps 18 per cent!

But let's fast forward to Tuesday, where an unexpected turn of events brought a glimmer of joy to Zerodha Broking.

Karan Dsij 0 4766 Article rating: 3.9

Crunching the numbers, the gains accrued by Zerodha Broking from this astounding surge amount to approximately Rs 4.82 crore. Yes, you heard it right—nearly 5 crores! (calculated as 87 * 554,531).

Overnight Digest: These small caps will be in focus on Thursday

Sharda Cropchem, Pressman Advertising, Global Education, Wonder Fibromats, SEL Manufacturing Company, Sejal Glass, United Polyfab Gujarat, Astec LifeSciences and Jindal Worldwide made a fresh 52-week high today.  

Armaan Madhani 0 1588 Article rating: 3.6

BSE Small-cap index outperformed broader markets by climbing 0.81 per cent to end the session at 28,869.33.

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