Multibagger Stock: This micro-cap metal company bags order worth Rs 25,00,00,000 from Steel Authority of India Ltd
Multibagger Stock: This micro-cap metal company bags order worth Rs 25,00,00,000 from Steel Authority of India Ltd

Multibagger Stock: This micro-cap metal company bags order worth Rs 25,00,00,000 from Steel Authority of India Ltd

The stock has delivered multibagger returns of 322.29 per cent in a year.

Prajwal Wakhare Article rating: 4.7

In the quarterly results of June 30, 2024, revenue decreased to Rs 27.49 crore, down 20.78 per cent year-on-year and 12.65 per cent from the previous quarter. However, net profit increased significantly to Rs 1.62 crore, marking a 268.18 per cent rise year-on-year and a 28.57 per cent increase compared to the previous quarter. For the full financial year, revenue grew by 4.27 per cent to Rs 122 crore, while net profit saw a dramatic turnaround from a loss of Rs 17 crore in FY23 to a profit of Rs 2 crore in FY24.

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