Do you own this stock under Rs 100 that is a top gainer on BSE today with spurt in volume?
In comparison to the previous year, the company's net profit soared 680.37 per cent to Rs 12.72 crore from Rs 1.63 crore.
With its shares surging and locking up in a 20 per cent upper circuit, Compucom Software Ltd was one of the Top Gainers on BSE today. There was a greater than four-fold increase in volume. Investors’ interest in this stock is rising due to the price-volume breakout.
The shares of Compucom Software were trading at Rs 25.25 on BSE at the time with a 52-week high of Rs 41.30. It has climbed nearly 80 per cent in just one year!
Taking into account the company's yearly performance, it achieved a growth of 73.39 per cent from Rs 17.10 crore registered in FY21, recording total revenue of Rs 29.65 crore in FY22. It has reported significant operating profit growth of 346.89 per cent. In comparison to the previous year, the company's net profit soared 680.37 per cent to Rs 12.72 crore from Rs 1.63 crore.
The company is almost debt-free and has a healthy dividend payout ratio. The board of directors recommended a final dividend of 20 per cent or Re 0.40 per equity share of Rs 2 each, for the year ending March 31, 2022.
ICT education projects, learning solutions, e-governance projects, software design, and development, etc. are the sectors in which Compucom Software Ltd operates.
For the upcoming sessions, keep a close eye on this scrip.