DSIJ Mindshare

Multibagger stock under Rs 50 hits upper circuit after the company received an order worth USD 12.50 million!

The stock gave multibagger returns of 164 per cent in 3 years and over 750 per cent in 1 decade.

Kiran Shroff 0 11027 Article rating: 3.8

Talking about the financials, the company have a market cap of Rs 334.39 crore with a PE of 17.60x whereas the sectoral PE is 36.60x. The stock is trading at 0.84 times its book value. Recently the company announced its quarterly results that ended June 30, 2023, where the net sales increased by 6 per cent to Rs 80.30 crore and net profit skyrocketed by 344 per cent to Rs 4.41 crore in Q1FY24 compared to Q1FY23.

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