Rs 90,69,000 order win: This multibagger micro-cap company bags new order from The Ganganagar Kendriya Sahakari Bank Ltd

The stock gave multibagger returns of 110 per cent in just 3 months and a whopping 340 per cent in 1 year.

Atishay Ltd has secured a Rs 90.69 lakh purchase order from The Ganganagar Kendriya Sahakari Bank Ltd., Rajasthan, for the supply, installation, commissioning, and maintenance of Micro ATMs Visiontek VA21 devices as part of a PACS digitization initiative. This project expands our successful PACS computerization efforts in Madhya Pradesh and Himachal Pradesh into Rajasthan. The order signifies a major step towards digitizing financial services in the agriculture sector and underscores our commitment to innovative solutions for the agricultural community. Importantly, neither the promoter nor the promoter group holds any stake in the entity responsible for project allocation, reflecting our adherence to transparent and impartial tendering processes.

Incorporated in 1989, Atishay Ltd is an IT consultancy and Services company that offers services of data management, software development, E-Governance, retail fintech, and the implementation of turnkey IT solutions. The company has a market cap of Rs 158.68 crore.

Quarterly Results: The net sales increased by 50 per cent to Rs 10.07 crore, operating profit increased by 240 per cent to Rs 2.12 crore and net profit increased by 896 per cent to Rs 1.08 crore in Q1FY25 compared to Q1FY24.

Annual Results: The net sales increased by 106 per cent to Rs 43.26 crore, operating profit increased by 245 per cent to Rs 9.63 crore and net profit increased by 756 per cent to Rs 5.55 crore in FY24 compared to FY23.

On Tuesday, shares of Atishay Ltd hit a 2 per cent upper circuit to Rs 144.50 per share from its previous closing of Rs 141.70. The stock’s 52-week high is Rs 147.80 and its 52-week low is Rs 31.51. The stock gave multibagger returns of 110 per cent in just 3 months and a whopping 340 per cent in 1 year. Investors should keep a close eye on this micro-cap stock.

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

Also Read: Debt-free multibagger penny stock under Rs 25: This fintech innovator signs MoU with Bestvantage Technology India Private Limited