FIIs bought 23,72,868 shares: Multibagger Penny Stock Under Rs 20, Hit 10 Per Cent Upper Circuit Today
The company has a market cap of Rs 493 crore and FIIs bought 23,72,868 shares and increased their stake to 3.97 per cent in March 2025 compared to December 2024.
On Tuesday, shares of Bartronics India Limited hit a 10 per cent upper circuit to Rs 16.19 per share from its previous closing of Rs 14.72 per share. The stock’s 52-week high is Rs 25.84 per share while its 52-week low is Rs 12.87 per share. The shares of the company saw a spurt in volume by more than 3.30 times on BSE.
Bartronics India Limited is a pioneering company in the fintech industry, dedicated to delivering innovative financial solutions and fostering inclusive growth. The mission of the organisation is to provide accessible banking services and empower underserved communities through strategic partnerships and initiatives.
Bartronics India Limited has approved a proposal to establish a branch office of the company in Singapore after partnering with Singapore's PTW Group partnered to advance India's semiconductor industry. PTW's entry into India will leverage its expertise to support India's global hub ambitions. New facilities will focus on equipment production, refurbishment, and training. The partnership aims to drive innovation in manufacturing, training and R&D. PTW, a leading solutions provider with clients like TSMC and Samsung, brings key expertise. Bartronics sees this as a strategic move to capitalize on India's semiconductor potential.
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According to Quarterly Results (Q3FY25), the company reported net sales of Rs 8.71 crore and a net loss of Rs 0.33 crore. In its nine-month results, the company reported net sales of Rs 31.13 crore in 9MFY25. The company reported a net profit of Rs 0.82 crore in 9MFY25 compared to a net loss of Rs 0.59 crore in 9MFY24, an increase of 239 per cent. In its annual results (FY24), the company reported net sales of Rs 48.84 crore and a net profit of Rs 1.38 crore.
The company has a market cap of Rs 493 crore and FIIs bought 23,72,868 shares and increased their stake to 3.97 per cent in March 2025 compared to December 2024. From Rs 0.85 to Rs 16.19 per share, the stock gave multibagger returns of over 1,800 per cent in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.