DSIJ Mindshare

Imagine stocks that explode in value, growing much more than 100 per cent from what you paid for it. That's a multibagger!

The company is expanding its business and also execution of orders has consistently increased during the last two quarters while being at the forefront of the government scheme rollout for smart metering. The net sales increased by per cent to Rs 1,262 crore and net profit skyrocketed by per cent to Rs 30 crore in FY23 over FY22.

On Monday, the benchmark indices ended the day higher. The BSE Sensex Index was up by 0.66 per cent, reaching a level of 65,147. The Sensex Index also reached an all-time high at 65,240.57. Approximately 1,995 shares advanced, 1,558 declined, and 169 remained unchanged on the BSE.

On Friday, the benchmark indices ended the trading session higher. At the closing bell, BSE Sensex Index is up by 1.26 per cent at a level of 64,718.56 and NSE Nifty-50 Index is up by 1.14 per cent at a level of 19,189.05. About 1,890 shares have advances, 1,627 have declines and 131 are unchanged on BSE.

The stock has a PE of 19.33x and an ROE of 13.24 per cent.