DSIJ Mindshare

The stock has delivered multibagger returns of 163.49 per cent in just 6 months and a whopping 859.70 per cent returns over 3 years.

The company's total revenue surged by 25 per cent, reaching Rs 17,97.52 crore, up from Rs 14,37.67 crore in the year-ago quarter.

The company reported positive numbers in its quarterly results and annual results. The net sales increased by 994 per cent to Rs 3.72 crore and net profit skyrocketed by 1,775 per cent to Rs 0.67 crore in Q4FY23 compared to Q3FY23.

During FY23, the company recorded net sales of Rs 130.28 crore, indicating a growth of 2.88 per cent compared to the previous year. Moreover, in FY23, the company achieved a net profit of Rs 3.47 crore, a significant improvement from the net loss of Rs 1.30 crore reported in FY22.

Historical trend suggests that Indian benchmark indices witnessed a muted trading ahead of the Union Budget, however, volatility surges as we inch closer to the D-Day.