Multibagger penny stock under Rs 30 hits 20 per cent upper circuit as the company reports a 2,245 per cent jump in net profit!
Multibagger penny stock under Rs 30 hits 20 per cent upper circuit as the company reports a 2,245 per cent jump in net profit!

Multibagger penny stock under Rs 30 hits 20 per cent upper circuit as the company reports a 2,245 per cent jump in net profit!

The shares of the company have a PE of 3.79x whereas the industry PE is 13.10x with an ROE of 28.69 per cent.

Kiran Shroff Article rating: 4.0

The company has a market cap of Rs 330 crore and has delivered good profit growth of 52.20 per cent CAGR over the last 5 years. The company has a market cap of Rs 330 crore and has delivered good profit growth of 52.20 per cent CAGR over the last 5 years.

Recording the best-ever sales in Q1 in its lifetime, this stock touched an all-time high level!
Recording the best-ever sales in Q1 in its lifetime, this stock touched an all-time high level!

Recording the best-ever sales in Q1 in its lifetime, this stock touched an all-time high level!

Monte Carlo is the name synonyms with woollens, cotton blended, and knitted apparels in the country.

Karan Dsij Article rating: 4.7

The quarterly sales have not only surpassed the pre-COVID levels but have been the best-ever for the company on the back of strong brand equity among consumers, the latest fashion products, and superior quality aided by the solid end-of-season sales, encouraging festive & wedding season across India.  

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