This Micro-Cap Stock Delivered 477 per cent returns in just 6 Months: Hits Upper Circuit on Excellent Result!
The stock gave multibagger returns of 476.55 per cent in just 6 months whereas NSE Nifty-50 is up by 0.05 per cent.
Network People Services Technologies Limited (NPST) (NSE EMERGE – NPST), engaged in providing software and digital payment solutions to the banking and finance sector, has announced its Audited Financial Results for the H2 & FY23.
Key Financial Highlights H2 FY23- Standalone:
- Revenues from operations of Rs 31.71 crore, YoY growth of 174 per cent.
- EBITDA of Rs 10.06 crore, YoY growth of 328 per cent.
- PAT of Rs 5.65 crore, YoY growth of 557 per cent.
Key Financial Highlights FY23- Standalone:
- Revenues from operations ₹ 41.13 crore, YoY growth of 111 per cent.
- EBITDA of Rs 12.38 crore, YoY growth of 226 per cent.
- PAT of Rs 6.52 crore, YoY, growth of 338 per cent.
- Operating Cashflow of Rs 12.01 crore.
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Today, one of the Top Gainers on NSE, shares of NPST Ltd zoomed 5 per cent upper circuit to Rs 651.50 per share from its previous closing of Rs 620.50. The stock also traded at a new 52-week high of Rs 651.50. In the recent trading sessions, the stock has seen heavy buying, hitting back-to-back upper circuits and 52-week highs.
The stock gave multibagger returns of 477 per cent in just 6 months whereas NSE Nifty-50 is up by 0.05 per cent. Investors should keep an eye on this micro-cap company under the radar.