DSIJ Mindshare

3,000 per cent returns: Back-to-back upper circuits & 52-week highs in this micro-cap multibagger stock; reports 3,850 per cent jump in net profit!

The stock gave multibagger returns of 650 per cent in just 1 year, 1,657 per cent in 2 years and a whopping 3,000 per cent in 3 years.

Kiran Shroff 0 9965 Article rating: 4.2

The corporation presented excellent figures in its quarterly results and annual results. The net sales increased by 183 per cent to Rs 0.17 crore and net profit increased by 3,850 per cent to Rs 0.79 crore in Q1FY24 compared to Q1FY23. The company reported net sales of Rs 0.25 crore and a net profit of Rs 0.08 crore in FY23.

Stock below Rs 60: Company declares a dividend of 2.5 per cent for the first time ever; with Rs 250 crore order book!

The stock is up by 70 per cent in 2 years and gave multibagger returns of over 160 per cent in 3 years.

Kiran Shroff 0 12042 Article rating: 3.9

Additionally, the company announced quarterly results ended June 30, 2023, wherein the net sales decreased by 35.90 per cent to Rs 11.32 crore and the net profit increased by 98 per cent to Rs 0.89 crore in Q1FY24 over Q1FY23. 

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR