This SME micro-cap tool maker received an order of Rs 80.24 lakhs, order book of more than Rs 15 crore in the last 2 months!
The company has reputed Client base like TVS, Hero Mahindra, Larsen & Toubro, Supreme Industries, RICO, LG, Motherson, etc.
Sunita Tools Limited has secured a contract for different types of mould base, worth approximately Rs. 80.24 lakhs (including tax).
Sunita Tools is a micro-cap company with a market capital of Rs 116 crores, currently trading at Rs 206 per share. The stock price has soured to Rs 234 as its 52-week high and touched its 52-week low at Rs 116. The promoter holding stood at 73 per cent. The stock price has generated 22 per cent returns in the last 1 one month.
In the half-year performance of FY23 and FY24, the company experienced a substantial increase in its Sales, rising from Rs 5.05 crore to 8.55 crore showing a jump of 69 per cent. Correspondingly, the Operating Profit also witnessed a commendable growth, advancing from Rs 1.72 crore to Rs 2.61 crore. Despite a slight decrease in the Operating Profit Margin (OPM per cent) from 34.06 per cent to 30.53 per cent, the company maintained a healthy profitability level. The Net Profit exhibited a notable surge, escalating from Rs 0.92 crore to Rs 1.60 crore a 73 per cent jump.
Sunita Tools' manufacturing unit is located in Vasai, Mumbai, with a capacity to produce large dimensional products ranging from 200200 mm to 40002000 mm up to 30 tonnes in weight.
The company has a reputed Client base like TVS, Hero Mahindra, Larsen & Toubro, Supreme Industries, RICO, LG, Motherson, etc.
About Company
Sunita Tools Limited manufactures mold base and machining parts for Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing Sectors.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Heavy Buying Hits 52-Week High: This Multibagger Engineering Stock Hits Upper Circuit; Gains Over 210 per cent in Just 6 Months
-
Triple-digit ROE and ROCE: Back-to-back upper circuit stock; heavy volumes, this water supply company posted highest ever revenue and profit, PAT surged by 700 per cent!
-
Penny stock under Rs 20: This cloud kitchen company ventures into Retail Supermarket Chain!
-
Stock split: Is this micro-cap multibagger company on your radar ahead of the record date?
-
Only Buyers: This micro-cap multibagger company secured multiple orders worth Rs 413.25 crore!
-
Micro-cap gem: Bonus share announcement propels multibagger penny stock almost to a 52-week high!
-
This low-PE logistic solution provider received a Rs 150 crore order from Indian Railways, a small-cap multibagger stock with 450 per cent returns in 3 years!
-
Only buyers: Shares of this micro-cap company hit the 10 per cent upper circuit after securing an order from BSNL
-
This micro-cap stock bags order of Rs 8.66 crore from Tata Power; Stock trading at Rs 21, do not miss this action!
-
This low-priced micro-cap stock bags order of Rs 5.40 crore from NHAI; Multibagger with more than 400 per cent returns
-
Top 4 Low-priced Micro-cap stocks with more than 1000 per cent profit growth; don’t miss this!
-
Rs 5,12,00,000 orders: Heavy buying witness in this micro-cap engineering stock; hit 52-week high!
-
More than 5 per cent FII stake Increase; See who is investing in these stocks
-
This micro-cap engineering company receives order worth Rs 3,54,00,000 from BS Steel Traders LLP!
-
Rs 7,34,16,000 land sale: This micro-cap stock is deleveraging, keep it on your radar!