Multibagger penny stock under Rs 15: Shares of this small-cap company surged over 12 per cent on outstanding Q4 results!

This small-cap stock has experienced a 42 per cent growth in 2 years and has delivered exceptional multibagger returns of 268 per cent in just 3 years.

Bajaj Hindusthan Sugar Limited, a prominent player in the sugar industry, has released its quarterly and annual financial results for the fiscal year ending on March 31, 2023. Here are the details:

According to the consolidated Quarterly Results (Q4FY23), the total revenue stood at Rs 2,053.87 crore, up 26.65 per cent over Q4FY22. The PBT stood at Rs 127.35 crore, up 128.47 per cent over Q4FY22.  The Profit After Tax stood at Rs 130.91 crore, up 119.60 per cent over Q4FY22. The EPS for Q4FY23 stood at Rs 1.05.  

According to the consolidated annual results (FY23), the total revenue stood at Rs 6,338.03 crore, up 13.67 per cent over FY22. The company reported a net loss of Rs 134.74 crore in FY23 compared to a net loss of Rs 267.54 crore in FY22.  

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On Monday, one of the Top Gainers on BSE, shares of Bajaj Hindusthan Sugar Ltd surged 12.37 per cent to an intraday high of Rs 15.53 per share. At 03:30 pm, shares of the company ended the day in green, up 10.93 per cent to Rs 15.33 per share.

Bajaj Hindusthan Sugar Limited (BHSL) was incorporated in 1931 under the name ''The Hindustan Sugar Mills Limited''. The Company is engaged in the manufacture of sugar, alcohol, ethanol, and the generation of power.
This small-cap stock has experienced a 42 per cent growth in 2 years and has delivered exceptional multibagger returns of 268 per cent in just 3 years. Investors should keep an eye on this small-cap stock.