Debt-free multibagger penny stock under Rs 5 hit upper circuit after winning orders valued at Rs 120 million from Ganga Realty Group
The stock gave multibagger returns of 143 per cent from its 52-week low of Rs 1.01 per share and a whopping 1,810 per cent in 5 years.
Today, shares of Teamo Productions HQ Ltd hit a 5 per cent upper circuit to an intraday high of Rs 2.48 per share from its previous closing of Rs 2.37 per share. The stock’s 52-week high is Rs 2.78 per share and its 52-week low is Rs 1.01 per share.
Teamo Productions HQ Limited (TPHQ) today announced securing orders valued at Rs 120 million from Ganga Realty Group, a prominent infrastructure development company. This win highlights TPHQ's strategic focus on expanding its project sales segment and direct-to-consumer sales within the infrastructural steel market. By securing these orders, TPHQ aims to increase sales volume and improve profitability while solidifying its position as a key player in the engineering products sector.
About the Company
Teamo Productions HQ Limited (formerly GI Engineering Solutions Limited) has a rich history rooted in engineering design, specializing in civil engineering activities and ancillary services. The company diversified its portfolio to encompass a wide range of civil engineering services, including land planning, surveying, and landscape architecture. Recognizing the potential of the construction sector, TPHQ ventured into on-ground brick-and-mortar businesses, adding infrastructural and architectural products and services. Furthermore, the company has actively pursued infrastructure development projects, including residential and commercial complexes, by collaborating with leading developers in Delhi and the National Capital Region. With an emphasis on simple yet dependable solutions, TPHQ aims to enhance living standards and safety through modern infrastructure development.
Beyond its core engineering and construction businesses, Teamo Productions HQ Limited has expanded into the dynamic world of entertainment. The company's entertainment division engages in film production, distribution, and allied businesses. This includes developing, producing, distributing, marketing, and financing a diverse range of content, encompassing feature films, content production, animation, graphics, CGI movies, AI-powered features, OTT films, cine films, telefilms, advertising films, documentaries, animation, TV serials, music production, and more. Teamo Productions HQ Limited operates both domestically and internationally, contributing to the vibrant Indian entertainment landscape.
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According to Quarterly Results, the net sales increased by 21 per cent to Rs 145.55 crore and net profit skyrocketed by 435 per cent to Rs 1.50 crore in Q2FY25 over Q2FY24. In its half-yearly results, the net sales increased by 22 per cent to Rs 259.61 crore and net profit skyrocketed by 143 per cent to Rs 2.97 crore in H1FY25 over H1FY24. The company reported revenue from operations of Rs 457.96 crore in FY24 vs Rs 830.38 crore in FY23. The net profit increased by 69.4 per cent to Rs 4.88 crore in FY24 compared to Rs 2.88 crore in FY23.
The company has a market cap of Rs 233.42 crore and working capital requirements have been reduced from 4,804 days to 40.6 days. The stock gave multibagger returns of 143 per cent from its 52-week low of Rs 1.01 per share and a whopping 1,810 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.