800 per cent jump in net profit: Multibagger IT-stock under Rs 150 hit upper circuit on stellar quarterly results (Q1FY25); keep under the radar!
The stock gave multibagger returns of 105 per cent in just 3 months and a whopping 340 per cent in 1 year.
Atishay Ltd informed that the company announced stellar Quarterly Results (Q1FY25) for the fiscal year 2025. Here are the details:
Quarterly Results: The net sales increased by 50 per cent to Rs 10.07 crore, operating profit increased by 240 per cent to Rs 2.12 crore and net profit increased by 896 per cent to Rs 1.08 crore in Q1FY25 compared to Q1FY24.
Annual Results: The net sales increased by 106 per cent to Rs 43.26 crore, operating profit increased by 245 per cent to Rs 9.63 crore and net profit increased by 756 per cent to Rs 5.55 crore in FY24 compared to FY23.
On Tuesday, shares of Atishay Ltd hit a 2 per cent upper circuit to Rs 144.75 per share from its previous closing of Rs 141.95. The stock’s 52-week high is Rs 147.80 and its 52-week low is Rs 31.51.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
Incorporated in 1989, Atishay Ltd is an IT consultancy and Services company that offers services of data management, software development, E-Governance, retail fintech, and the implementation of turnkey IT solutions. The company has a market cap of Rs 159 crore. The stock gave multibagger returns of 105 per cent in just 3 months and a whopping 340 per cent in 1 year. Investors should keep a close eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
Also Read: This heaters and furnaces manufacturer bags order worth approx. Rs 50 crore from JNK Global Company Ltd, Korea