DSIJ Mindshare

High ROE and high ROCE multibagger stock: This IT company wins USD 50 million Hi-Tech deal and declares stellar results!

The stock is up by 32 per cent in just 1 year and over 200 per cent in 3 years.

Kiran Shroff 0 5336 Article rating: 4.2

Additionally, the company declared its quarterly results, the net sales increased by 14.71 per cent to Rs 2,301 crore, operating profit increased by 11.03 per cent to Rs 453 crore and net profit increased by 13.04 per cent to Rs 312 crore in Q1FY24 over Q1FY23. The net sales increased by 22 per cent to Rs 8,014 crore and net profit increased by 22.17 per cent to Rs 1,174 crore in FY23 over FY22. The EPS for FY23 stood at Rs 110.77.

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