Back-to-back Upper Circuit Penny Stock Under Rs 10: This Cement Stock Jumps 20 per cent and Hits Upper Circuit Today, Gains 100 per cent in just 1 Year! Rakesh Deshmukh / 27-Jun, 2024 / Categories: Trending, Mindshare, Multibaggers, Penny Stocks The company’s shares have delivered impressive multibagger returns of around 100 per cent in just 1 year. Incorporated in 1986, Burnpur Cement Ltd operates in the cement manufacturing sector. The company exclusively sells all its finished products to Ultratech Cement Limited under an off-take agreement. Recently, on 1st December 2021, Burnpur Cement Ltd renegotiated its commercial terms with Ultratech Cement Limited and extended the off-take agreement for another year, incorporating enhanced commercial terms. Today the company saw a significant spike in both the share price and volumes in today. At the start of the day's trading session, the share of Burnpur Cement Ltd opened at Rs 8.18 per share, compared to the previous day's closing figure of Rs 7.63 per share on the BSE. Currently while writing the article, the shares are at Rs 9.15 per share on the BSE. The stock has attracted a heavy volume today, reflecting strong demand in the market. The current market capitalization of Burnpur Cement Ltd stands at Rs 78.80 crore, and the stock has generated an impressive multibagger return of around 100 per cent in just 1 year. Financial Performance As per the Quarterly Results, in the fourth quarter of FY24, Burnpur Cement Ltd recorded a revenue of Rs 1 crore. The operating loss for Q4 FY24 stood at Rs 4 crore. The net loss for Q4 FY24 was Rs 16 crore. Looking at the annual performance, the company generated a revenue of Rs 134 crore in FY24, compared to Rs 146 crore in FY23. The net loss for FY24 was Rs 99 crore. Investors must keep this micro-cap stock on their radar. Disclaimer: The article is for informational purposes only and not investment advice. DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here. Rate this article: 3.3 Tags: MultibaggerCement Stocksrakesh dsijBurnpur Cement Ltd Related articles Penny Stock Under Rs 5: DIIs Own 43.25 per cent Stake, Stock Hits Upper Circuit Consecutively for 12 Days, Gains 140 per cent in 1 Month! Ashish Kacholia-Backed VFX Stock Hits 52-Week High with Heavy Volumes Today, Gains Over 400 Per cent Within 1 Year! Rs 800 Crore Order Book: This Aerospace & Defence Electronic Stock Hits All-Time High with Heavy Volumes, Here's Why Turnaround Wind Energy Stock Under Rs 30: Stock Hits Upper Circuit with Heavy Volumes, Stock Gains Over 190 per cent in Just 1 Year! Back-to-Back Upper Circuit for 3 Days Ashish Kacholia-Backed Engineering Stock; Do You Own It? Back-to-Back Upper Circuit Stock Under Rs 100: Do You Own This Hydraulic Engineering Equipment Manufacturing Stock? 1:4 Bonus Issue: Debt-Free Liquor Stock Hits All-Time High & Upper Circuit with Heavy Volume Today – Do You Own It? Penny Stock Under Rs 20: This Oil Exploration Stock Hits Upper Circuit & 52-Week High Today; Q4 FY24 Net Profits Surge by 230 per cent: Must Watch! 52-Week High Alert: Steel Company Establishes New Manufacturing Plant in Raebareli, Uttar Pradesh; Stock Surges Over 140 per cent in One Year! Rs 800 Crore Order Book: This Aerospace & Defence Electronic Company Bags Order Worth Rs 1,250 Crore from Larsen & Toubro! Penny Stock Under 15: Company Bags Order Worth Rs 1,96,80,000 from BSNL; Stock Hits Upper Circuit Today! Rs 57,536 Crore Order Book: Rekha Rakesh Jhunjhunwala-Backed Construction Company Bagged Order Worth Rs 335 Crore in June, Stock Gains Over 160 Per cent in Just 1 Year! Stock Hits Upper Circuit After Small-Cap Multibagger Announces 3:1 Bonus Shares; Stock Gains Over 200 per cent in Just 6 Months Only! This Artificial Intelligence Company's Shares Hit Upper Circuit: Here's Why? Promoter Increased Stake from 4.03 per cent to 34.03 per cent & FIIs own 22.93 per cent stake! Solar Company Bags Order Worth Rs 17,82,10,800 from Eminent Paper Industries, Stock Gains Over 230 per cent in just 6 months! Rs 800 Crore Order Book: This Small-Cap Company Secures Rs 53,00,00,000 Order from Housing & Urban Development Department, Government of Odisha Rs 3,400 crore order book: Multibagger power company bags order worth Rs 12,07,26,677 from NTPC & Maharashtra State Power Generation Company! Under Rs 110: This Microcap Railway Company Bags Order Worth Rs 34,94,70,000 from K-Ride, a Rail Infrastructure Development Company! Ashish Kaholia’s Portfolio Engineering Company Stock Hits Upper Circuit; Gains Over 190 per cent in Just 1 Year – Do You Own This Stock? 3:1 Bonus Shares Announced by Small-Cap Multibagger Company; Stock Gains Over 250 per cent in Just 1 Year! Comments are only visible to subscribers.