Top 4 Low-priced Micro-cap stocks with more than 1000 per cent profit growth; don’t miss this!
In this article, we will take a look at four low-price micro-cap stocks with more than 1,000 per cent profit growth. These stocks are all trading below Rs 50 per share and have the potential to see significant gains in the future.
micro-cap stocks are those with a market capitalization of less than Rs 500 crore. Although they are often overlooked by investors, micro-cap stocks can offer the potential for high returns. In fact, some micro-cap stocks have seen their profits grow by over 1,000 per cent in latest quarter.
In this article, we will take a look at four low-price micro-cap stocks with more than 1,000 per cent profit growth. These stocks are all trading below Rs 50 per share and have the potential to see significant gains in the future.
The above table reveals significant variations in the financial performance of the four companies during the first and second quarters of the fiscal year 2024.
|
Company Name
|
CMP (Rs)
|
Market cap (Rs. Cr.)
|
Net Profit Q1 FY24 (Rs. Cr.)
|
Net Profit Q2 FY24 (Rs. Cr.)
|
YoY Profit Growth
|
QoQ Profit Growth
|
|
Sawaca Business
|
0.9
|
10.3
|
0.34
|
0.73
|
143 per cent
|
1600 per cent
|
|
GSB Finance
|
11.8
|
7.08
|
1.5
|
1.37
|
1400 per cent
|
1567 per cent
|
|
Bangalore Fort
|
17.2
|
8.26
|
0.3
|
0.2
|
900 per cent
|
2900 per cent
|
|
VMS Industries
|
36
|
59.29
|
1.9
|
3.84
|
476 per cent
|
1167 per cent
|
Sawaca Business, with a CMP of Rs 0.9 and a market capitalization of Rs 10.3 Crore, experienced a substantial YoY and QoQ profit growth of 143 per cent and 1600 per cent, respectively. Sawaca Business Machines Ltd. engages in trading and information technology consulting and support services. The stock has generated 15.38 per cent of returns in last one month.
GSB Finance, with a CMP of Rs 11.8 and a market capitalization of Rs 7.08 crore, exhibited impressive financial results with a YoY profit growth of 1400 per cent and a QoQ growth of 1567 per cent. GSB Finance Ltd. engages in the provision of financial services in India. The stock has generated 11.85 per cent of returns in last one month.
Bangalore Fort experiencing a robust YoY profit growth of 900 per cent and an astounding QoQ growth of 2900 per cent. The CMP of Bangalore Fort is Rs 17.2 and a market capitalization of Rs 8.26 crores. Bangalore Fort Farms Ltd. engages in the manufacture and export of jute products. The stock has generated 1.84 per cent of returns in last one month.
VMS Industries, with a CMP of Rs 36 and a market capitalization of Rs 59.29 Cr, demonstrated substantial financial growth with a YoY profit growth of 476 per cent and a QoQ growth of 1167 per cent. VMS Industries Ltd. is a holding company, which engages in the business of ship recycling, automobiles, export, and VMS tmt. The stock has generated 13.56 per cent of returns in last one month.
Disclaimer: The article is for informational purposes only and not investment advice.
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