Stock under Rs 100: This micro-cap agrochemical company receives orders worth Rs 46.65 lakh!
The shares of the company have a PE of 14.40x, a ROE of 24 per cent and a ROCE of 18.60 per cent.
Aristo Bio-Tech & Lifescience Ltd is an agrochemical company. They are mainly engaged in the manufacturing, formulation, supplying, packaging, and job work services of various pesticides.
The company informed the exchange (NSE - SM: ARISTO) that it had received 2 orders worth Rs 46.65 lakh. Details below:
Order No -1: The company received an order worth Rs 14.60 lakh from A C T Agro-Chem Private Limited. The order includes the supply of some agrochemicals on freight- paid basis and will be executed within 7 days from LOI (August 01, 2023).
Order No -2: The company received another order worth Rs 32.05 lakh from Bharat Certis Agriscience Limited. The order includes the supply of some agrochemicals on a freight- F.O.R basis and will be executed within 7 days from LOI (August 02, 2023).
On Friday, shares of Aristo Bio-Tech & Lifescience plunged 2.95 per cent to Rs 72.50 per share with an intraday high of Rs 74.50 and an intraday low of Rs 72.50. The stock gave 21.75 per cent returns to its investors in just 1 month.
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The stock of the company was listed on NSE as an SME company with a lot size of Rs 1,600 equity shares on February 03, 2023. The company has a market cap of Rs 50 crore. The net sales increased by 3.15 per cent to Rs 218 crore and net profit skyrocketed 300 per cent to Rs 4 crore. The shares of the company have a PE of 14.40x, a ROE of 24 per cent and a ROCE of 18.60 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.