Railway Penny Stock Under Rs 15 To Keep Under Radar As Company Enters Into An Exclusive Distributorship With Patanjali Peya Pvt Ltd
From Rs 0.19 per share to Rs 14.69 per share, the stock returned over 7,600 per cent in just 5 years.
Cressanda Railway Solutions Limited’s subsidiary, Cressanda Retail Solutions Pvt Ltd has entered into an exclusive distributorship with Patanjali Peya Pvt Ltd. This distributorship covers the distribution of the Divya Jal brand of packaged drinking mineral water across the state of West Bengal, as well as specifically within the Railway zones of South-Central and Southern Railways. Cressanda Retail is currently distributing over 1,50,000 cases i.e., 18,00,000 bottles of Aqua Diamond mineral water monthly across the eastern zone of Indian Railways. This new partnership with Patanjali Peya Pvt Ltd. represents a strategic expansion and reinforces the company’s commitment to establishing India’s most efficient food and beverage distribution network. This collaboration will leverage the extensive reach of its parent company, Cressanda Railway Solutions Limited, within the vast Indian Railways network.
Earlier, the company secured significant contracts from the Directorate of Tourism, Maharashtra, and the Bureau of Indian Standards to install external wraps on 17 express trains. These premium trains, catering to high-end passengers, will serve as effective platforms for promoting government campaigns. The company's subsidiary, Mastermind Advertising Pvt Ltd, has also announced its sponsorship of the Uttarakhand Metro Rail/PRT/Ropeway Project Investors Summit, demonstrating its commitment to infrastructure development. Cressanda is further expanding its services with initiatives such as new farming technology, Wi-Fi and COD services on Eastern Railway trains, wheelchair services at Howrah station and the acquisition of the Rail Services App to enhance passenger experience and accessibility.
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Financial Performance
In Q1FY25, Cressanda Railway Solutions Ltd reported a 23.7 per cent increase in revenue, reaching Rs 17.48 crore, compared to Rs 14.13 crore in Q1FY24. The company's net profit saw substantial growth, reaching Rs 2.02 crore, up from Rs 12 lakh in Q1FY24. For FY 2023-24, the company reported a net profit of Rs 13.80 crore and revenue from operations of Rs 204.66 crore.
About Cressanda Railway Solutions Ltd
Cressanda Railway Solutions Ltd is dedicated to improving the railway travel experience through innovative digital solutions and concierge services. Recent initiatives include providing Wi-Fi and COD services on Eastern Railway trains, introducing wheelchair services, and offering pick-up & drop services and on-board sales of non-catering items.
The company is a Small-Cap having a market cap of over Rs 600 crore. From Rs 0.19 per share to Rs 14.69 per share, the stock returned over 7,600 per cent in just 5 years. Investors should keep an eye on this railway penny stock under the radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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