Under Rs 100: Microcap Company Secures Multiple Orders Worth Rs 86.61 Lakh from Mumbai and Mangaluru International Airports – Stock Surges 90 Per cent in 6 Months!
The company’s shares have delivered an impressive multibagger return of over 90 per cent to its shareholders.
Harshdeep Hortico Ltd is a micro-cap company that designs, manufactures, and supplies pots and planters for indoor and outdoor use. The company is engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters, including plastic indoor planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fiber-reinforced plastic (FRP) planters, eco-series planters, and related accessories such as garden hose pipes and watering cans. Recently, the company also entered the field of roto-moulded outdoor furniture.
Harshdeep Hortico Ltd has secured a purchase order from Mumbai International Airport Ltd to supply and install planters near the e-Gates at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai. The order is valued at Rs 64,90,618, inclusive of all taxes. Another purchase order has been received from Mangaluru International Airport Limited for the supply of planters, valued at Rs 21,71,145, inclusive of all taxes. This brings the total order value to Rs 86,61,763, including all taxes.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
On Friday, the shares of Harshdeep Hortico Ltd closed the day at around Rs 77.53 per share on the BSE. The company’s current market capitalization stands at Rs 124.78 crore. Additionally, the shares have delivered an impressive return of around 90 per cent in just 6 months.
The company doesn’t announce Quarterly Results, according to the half-yearly results, Harshdeep Hortico Ltd recorded a revenue of Rs 25.27 crore. The operating profit stood at Rs 5.87 crore. The net profit stood at Rs 3.60 crore. Looking at the annual performance, the company generated a revenue of Rs 48.22 crore in FY24. The operating profit for FY24 was Rs 10.62 crore with a net profit of Rs 6.55 crore.
According to the shareholding pattern of the company, the promoters hold a significant 72.46 per cent stake. Public investors own 21.02 per cent of the shares, while Foreign Institutional Investors (FIIs) hold 1.94 per cent and Domestic Institutional Investors (DIIs) own 4.59 per cent.
Check out my recent article here.
Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Multibagger Railway Company Bags Order Worth Rs 19,69,96,886, Recently Achieves Navratna Status – Stock Gains 110 Per cent in Just 1 Year!
-
Penny Stock Under Rs 15 & 1,850 Per cent Returns: Company Bags Order Worth Rs 18,40,00,000 from KEI Industries!
-
Stock Under Rs 70: Microcap Infrastructure Company Declared L-1 Bidder for Eastern Railway, Asansol Tender – Complete Details Inside!
-
Rs 57,195 Crore Order Book: Multibagger Diversified EPC Company Secures Significant Order Worth Rs 2,774 Crore – DIIs Hold a Massive 45.61 Per cent Stake!
-
Turnaround Power Transmission and Distribution Company Secures Multiple Orders Worth €155 Million in Just One Day – Profit Surged by 12,251 Per cent!