DSIJ Mindshare

Multibagger penny stock under Rs 15: Nomura Singapore Ltd ODI hikes stake in this small-cap company, share jumps over 3 per cent!

The stock gave multibagger returns of 123 per cent in just 2 years and over 250 per cent returns in 3 years.

Kiran Shroff 0 8204 Article rating: 3.8

According to the annual results, net sales increased by 90.33 per cent to Rs 490.51 crore and net profit skyrocketed by 395.97 per cent to Rs 5.79 crore in FY23 over FY22. In the last financial year, the company declared bonus share in the ratio 1:1 and a dividend of Rs 0.0010 per share for a face value of Rs 1.

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

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