52-week high alert: This micro-cap industrial product company reports a 488.89 per cent jump in net profit!
Shares of the company grew by more than 40 per cent in the last one month.
Innovators Facade Systems Limited experienced a strong in its financial performance, specifically PAT and PBT. In H2FY23, the company reported a profit of Rs 7.26 crore. In H2FY23, the revenue of the company reached Rs 109.10 crore which grew by 84.3 per cent YoY. The company’s operating profit surged by 69.05 per cent staying at Rs 11.38 crore, while the PAT of the company stood at Rs 7.26 crore, with an increase of 488.09 per cent.
The market reacted to the news positively and shares of Innovators Facade Systems Limited made a fresh 52-week high at Rs 131.58 on Friday.
Innovators Facade Systems Limited (IFSL), is an Aluminium Facade contractor for designing, engineering, fabrication and installation of all types of facade systems. The product line of the company includes glazing, curtain walls, high-end doors and windows, skylights, canopies, louvre, stone cladding, metal cladding and roofing.
On Friday, the stock opened at Rs 126.00, with a high and low of Rs 131.58 and Rs 115.05. The stock previously closed at Rs 119.52. On Friday, the stock closed at Rs 121.88, up by 1.89 per cent.
Overall, the financial performance of the company showed excellent growth and demonstrated improvement in profit margins, indicating better operational efficiency, and investors should keep a close eye on this stock.
DSIJ offers a product ' Flash News Investment' with recommendations for Profit-making Ideas for You (Weekly) based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the product details pdf here download the product details pdf here
Related articles
-
This small-cap construction company bags an order of Rs 2,450 crore, which is 69 per cent of its market capital
-
Stock under Rs 40: This small-cap company has received orders worth Rs 73,97,000!
-
Stock below Rs 50: This small-cap company has received orders worth Rs 89,99,390!
-
Low PE high ROE stock: This small-cap company receives a Letter of Acceptance (LoA) from DMRC!
-
Shares of this IT company touched 20 per cent upper circuit level. Do you own it?
-
Stocks below Rs 100: Investors should keep an eye on these low PE and high ROE stocks.
-
Stock below Rs 10: Keep an eye on this penny stock, which was locked in the upper circuit on December 14
-
Stock below Rs 50: Keep an eye on this multi-bagger PSU stock which gave a return of more than 120 per cent
-
Watch out for this large-cap corporation that recently purchased a 100 per cent stake in this Germany-based company. Do you own it?
-
Watch out for this small-cap multi-bagger stock that has announced bonus shares!
-
Keep an eye on this stock, which was locked in the upper circuit on November 30
-
Dont miss the action in this multi-bagger stock with 448 per cent returns that have announced a stock split!
-
Do you own this telecom stock that got an approval for a Rs 1770 crore project?
-
Price break out today: This stock gave a staggering 102 per cent return in just one year!
-
This company is considering a buyback proposal on November 25. Do you own it?
-
Keep an eye on this stock, which was locked in the upper circuit on November 17
-
Will history repeat again in this stock?
-
This energy stock intends to enter the EV market. Do you own it?
-
From Rs 160 to Rs 827: This multi-bagger stock has gained over 392 per cent year to date; to pay 6:1 bonus share soon
-
Keep an eye on this stock, which was locked in the upper circuit on November 15