On Monday, shares of Raminfo Ltd gained 1.24 per cent to Rs 97.65 per share with an intraday high of Rs 98.95 and an intraday low of Rs 95.05. The stock’s 52-week high is Rs 137.90 and its 52-week low is Rs 80.66. The shares of the company saw a spurt in volume by more than 2.46 times on BSE.
Raminfo Limited is engaged in providing IT-enabled services/ software development with a focus on e-governance in administration, utilities, IT-enabling consumer services etc. The company has a market cap of Rs 66 crore and has delivered good profit growth of 39 per cent CAGR over the last 5 years. Additionally, the company reported positive numbers in its Quarterly Results and annual results.
The shares of the company have a PE of 10.86x whereas the industry PE is 36x with an ROE of 23.5 per cent. The stock gave multibagger returns of 570 per cent in 3 years whereas BSE Sensex Index is up by 61.7 per cent. Investors should keep an eye on this micro-cap stock.
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