Shares of this small-cap PSU company have delivered a return of more than 70 per cent in the past one year!

Yesterday, it surged by 7.43 per cent and hit a fresh 52-week high.

MSTC Limited formerly known as Metal Scrap Trade Corporation Limited is a central public sector undertaking under the Ministry of Steel, Government of India. It is involved in diversified e-commerce services, undertaking trading activities, e-commerce and the disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest products, etc.

Yesterday, shares of MSTC Ltd closed at Rs 417.80, up by 7.43 per cent and hit a fresh 52-week high at Rs 439.15. Over the past month the company's shares have increased in value by around 26.78 per cent, and in the past six months the value has increased by approximately 35.63 per cent. Over the last year the value has increased by about 72.18 per cent and in the past five years the company has provided a multibagger return of 272.36 per cent.

Today it opened at Rs 410.35 and currently it is trading at Rs 421.70, up by 0.93 percent. The BSE group ‘A’ stock has a market capitalization of around Rs 2,950 crore. The company's shares have given a return on equity of 33.6 per cent and a return on capital employed of 38 per cent. It has a price-to-earnings ratio of 12.3x compared to the industry's PE of 40.2x. The company's price-to-book value is 3.78x, while the industry has 1.49x.

Regarding the last quarter financials Q4FY23, the company reported a growth in net sales, up by 0.36 per cent to Rs 196.53 crore compared to Rs 195.83 crore in the same quarter of the previous year and sequentially increased by 16.37 per cent. The net profit of the company decreased by 18.56 per cent to Rs 77.96 crore compared to Rs 95.72 crore in the same quarter of the previous year and sequentially increased by 62.04 per cent from Rs 48.11 crore.

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