Ongo’s NCMC issuance process allows commuters to purchase ready-to-use NCMC cards via unique card dispensers installed at Chennai metro stations. This streamlined process encourages faster adoption of NCMCs across India.

In fact, the stock has been on a tear in the last year, delivering multibagger returns of over 130 percent. This is a clear indication of the company's dedication to excellence and its ability to remain resilient in an unpredictable market.  

What’s more impressive is that despite this strong up-move in a very short period the stock is trading at a PE multiple of 10.7, and the company has been maintaining a healthy dividend payout of 25.5 per cent. 

In the past the stock has recommended a bonus and you’ll be in awe of the bonus announcement if we share the details of bonus ratio. The stock announced an 82:32 bonus issue ratio