99.55 per cent publicly owned company: Multibagger penny stock at Rs 1.48; Company reports 269.6 per cent jump in PAT
The stock is up by 85 per cent from its 52-week low of Rs 0.74 per share and gave multibagger returns of 360 per cent in 3 years.
On Monday, shares of Khoobsurat Limited plunged 4.20 per cent to Rs 1.37 from its previous closing of Rs 1.43 with an intraday high of Rs 1.43 and an intraday low of Rs 1.36. The stock’s 52-week high is Rs 1.63 and its 52-week low is Rs 0.74.
Quarterly Results: The company reported net sales of Rs 0.32 crore in Q1FY25. The operating profit increased by 482.9 per cent to Rs 0.44 crore and net profit increased by 269.6 per cent to Rs 0.21 crore in Q1FY25 compared to Q1FY24.
Annual Results: The company reported nil sales and net profit of Rs 0.14 crore in FY24 compared to net sales of Rs 0.73 crore and net profit of Rs 0.27 crore in FY23.
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Khoobsurat Limited, established in 1982, specializes in finance and investments. The company's core business involves investing in both listed and unlisted shares and securities, in addition to providing other financial services. The company has a market cap of Rs 64 crore with a 3-year stock price CAGR of 68 per cent.
As of March 2024, the shareholding pattern of the company is 0.45 per cent and the rest of the stake is owned by public shareholders which is 99.55 per cent. The stock is up by 85 per cent from its 52-week low of Rs 0.74 per share and gave multibagger returns of 360 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.
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