Heavy buying: Back-to-back upper circuit in this small-cap multibagger stock; reports 690 per cent jump in net profit!
Shares of the company have gained about 150 per cent in the last six months.
Shares of Affordable Robotic & Automation Limited were locked in the upper circuit on Friday, gaining 5.00 per cent. The company has delivered impressive Half-yearly Results. The stock has witnessed heavy buying activity from investors in the last few days. Hence, the stock is locked in the upper circuit.
The company posted strong Half-yearly Results. The revenue of the company for H2FY23 stood at Rs 95.02 crore which grew by 86.28 per cent YoY. The operating profit of the company stood at Rs 16.91 crore, while the PAT of the company stood at Rs 13.03 crore, representing an impressive growth of 697.13 per cent YoY.
Also read, Avoid these 5 common financial mistakes to secure your future (Part - 1)
Affordable Robotic & Automation Limited has also delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 133.20 on August 29, 2022, to Rs 831.30 on August 25, 2023, an increase of about 500 per cent in one year holding period.
Affordable Robotic and Automation Limited is a Turnkey Automation Solution provider for all kinds of Industrial Automation needs such as Line Automation, Assembly Lines, Conveyors, Robotic Inspection Stations, Pick and place Systems, Gantry, Auto Assembly stations etc. It also offers material handling automation services and has forayed into automated car parking systems.
The stock has shown tremendous growth and investors should keep a close eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
Related articles
-
Heavy buying: Back-to-back upper circuit in this multibagger stock; gains over 150 per cent!
-
Heavy buying and Rs 4,112 million order book: Back-to-back upper circuit in this multibagger stock; reports a 180 per cent jump in net profit!
-
Heavy buying: Back-to-back upper circuit in this small-cap multibagger stock; hits fresh 52-week high!
-
Heavy buying: Back-to-back upper circuit in this multibagger IT stock; gains over 300 per cent!
-
Heavy buying: Back-to-back upper circuit in this small-cap multibagger stock; hits fresh 52-week high!
-
Heavy buying: Back-to-back upper circuit in this small-cap multibagger IT company; stock gains over 2200 per cent!
-
Heavy buying: Back-to-back upper circuit in this multibagger solar power stock; bags new order for solar power plant worth Rs 4.12 crore!
-
Rs 8,200 crore order book and 600 per cent returns: Vijay Kedia gains Rs 11,63,20,000 in this multibagger stock in just one day; hits fresh 52-week high!
-
Heavy buying: Back-to-back upper circuit in this multibagger stock; gains over 5,600 per cent!
-
Dark Horse Stock of the Day: Heavy Buying Cement Stock Rallies and Hits Upper Circuit Twice Today; Radhakishan Damani Holds 11.34 per cent Stake!
-
Rs 540 crore order book and Heavy buying: Back-to-back upper circuit in this multibagger stock; bags new orders worth Rs 19 crore!
-
2,500 per cent returns and FIIs increase stake: Ashish Kacholia gains Rs 24,47,03,175 in this small-cap multibagger stock in just one day!
-
Rs 1,747 crore order book and 1,800 per cent multibagger returns: This telecom infrastructure stock bags new order worth Rs 14,64,85,436!
-
Heavy buying and FIIs increase stake: Back-to-back upper circuit in this multibagger stock; gains over 250 per cent in a year!
-
Heavy buying and Rs 2,235 crore order book: Back-to-back upper circuit in this multibagger stock; Vijay Kedia owns 2.49 per cent stake!
-
Heavy buying: Back-to-back upper circuit in this multibagger stock; hits fresh 52-week high!
-
Heavy buying: Back-to-back upper circuit in this multibagger defence stock; gains over 400 per cent!
-
Heavy buying: Back-to-back upper circuit in this multibagger penny stock; reports 187 per cent jump in PAT!
-
Heavy buying: Back-to-back upper circuit in this multibagger railway stock; gains over 110 per cent!
-
Heavy buying: Back-to-back upper circuit in this multibagger stock; gains over 550 per cent!