Low PE & high ROE multibagger penny stock under Rs 30 hit 20 per cent upper circuit on July 24: Reports a 700 per cent jump in net profit!

The stock gave multibagger returns of 300 per cent in 3 years and a whopping 1,045 per cent in 5 years.

Today, one of the Top Gainers on BSE, shares of UY Fincorp were locked in a 20 per cent upper circuit to an intraday high of Rs 28.02 per share from its previous closing of Rs 23.36 with a spurt in volume by more than 26 times on BSE.

The sudden rise in the stock price was due to the company announcing stellar Quarterly Results (Q4FY24) and annual results (FY24).

Quarterly Results Q4FY24 v/s Q4FY23

• Revenue of Rs 39.21 crore v/s Rs 14.03 crore [ up 179.5 per cent]
• EBITDA of Rs 3.20 crore v/s Rs 1.50 crore [up 113.3 per cent]
• PAT of Rs 4.71 crore v/s Rs 0.80 crore [up 488.8 per cent]

Annual Results FY24 v/s FY23

• Revenue of Rs 122 crore v/s Rs 57 crore [ up 114 per cent]
• EBITDA of Rs 9 crore v/s Rs 12 crore [ down 25 per cent]
• PAT of Rs 65 crore v/s Rs 8 crore [up 712.5 per cent]

U. Y. Fincorp Limited is a Kolkata-based RBI registered Non-Banking Financial Company (NBFC). The company has a market cap of over Rs 500 crore. The shares of the company have a PE of 8.2x and an ROE of 23 per cent. The stock gave multibagger returns of 300 per cent in 3 years and a whopping 1,045 per cent in 5 years. Investors should keep an eye on this micro-cap NBFC stock.

Disclaimer: The article is for informational purposes only and not investment advice.

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