Microcap Company with Prestigious Clients like Ola Financial Services & Acko General Insurance Announced Strategic Partnership with Global Arc LLC – Stock Hits Upper Circuit!
The company’s shares have delivered an impressive return of over 300 per cent to its shareholders.
Incorporated in 2008, Enser Communications a micro-cap company provides Business Process Management (BPM) services to clients in industries such as insurance, e-commerce, education, and travel. Operating within the communications sector, the company specializes in call centers, outsourcing, database management, web services, software, and hardware sales and maintenance, as well as knowledge-based projects.
Enser Communications Limited, a rising leader in the Business Process Management (BPM) sector, has announced a strategic partnership with UAE-based Global Arc LLC, a provider of loyalty programs and call center outsourcing services. This collaboration marks a key step in Enser’s global expansion, leveraging Global Arc’s market presence to offer call center operations, client acquisition, CRM solutions, customer support, and market research. The partnership aims to extend Enser’s operations beyond India, focusing on establishing a strong presence in the UAE and other international markets.
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Currently, the shares of Enser Communications are trading at around Rs 289.55 per share on the NSE. The company’s current market capitalization stands at Rs 252.37 crore. Additionally, the shares have delivered an impressive multibagger return of over 300 per cent compared to its final IPO issue price of Rs 70 each.
Looking at the annual performance, the company generated a revenue of Rs 46.08 crore in FY24 compared to Rs 25.41 crore representing a gain of 81 per cent. The operating profit for FY24 was Rs 8.70 crore with an operating profit margin of 19 per cent which was 10.15 per cent in FY23. The company reported a net profit of Rs 5.27 crore compared to a net profit of Rs 1.60 crore in FY23 representing a gain of around 230 per cent YoY.
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Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.