DSIJ Mindshare

The company’s shares have delivered an impressive multibagger return of over 500 per cent in just 1 year.

The stock gave multibagger returns of 460 per cent in just 1 year whereas BSE Small-Cap Index is up by 56 per cent.

Shares of the company have gained about 90 per cent in the last six months.

The stock gave multibagger returns of 337 per cent in just 1 year whereas BSE Small-Cap Index is up by 63 per cent.

The company reported strong quarterly results in Q3FY24 with revenue surging 57.7 per cent year-on-year to Rs 495.6 crore. Profit after tax (PAT) witnessed an even sharper rise of 301.8 per cent YoY to Rs 45.2 crore, pushing the PAT margin to a healthy 9.1 per cent compared to 3.6 per cent in the same quarter last year. Exports also showed positive signs, reaching Rs 62.2 crore in Q3FY24.