Vijay Kedia Backed Multibagger Cybersecurity Company's Stock Hits Upper Circuit Today; Here's Why!
The company’s stock has delivered a return of around 400 per cent to its shareholders.
TAC InfoSec Limited a global leader in cybersecurity solutions, announced today that it has added over 500 new clients in Q1FY2025, including prominent names from leading tech giants to esteemed organizations across diverse sectors. Interestingly, these clients are spread from the United States to Japan.
Some of the noteworthy additions to its client roster include Autodesk, Salesforce, Zoominfo, Dropbox, Blackberry, Xerox, Brady Corporation, FAO of the United Nations, FUJIFILM, CASIO, Nissan Motors, Juspay, One Card, Zepto, and MPL, among others.
The company also aims to solidify its position as the world’s largest vulnerability management company by March 2026, with ambitious plans to acquire 10,000 customers globally. By March 2025, TAC InfoSec will target securing 3,000 new customers, leveraging its innovative cybersecurity solutions.
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TAC InfoSec Limited shares closed the day at around Rs 551.50 per share. The company’s current market capitalization stands at Rs 577.95 crore. The stock has delivered a return of around 40 per cent in just 1 month and over 400 per cent compared to its IPO issue price.
As per the Quarterly Results, in the fourth quarter of FY24, TAC InfoSec Limited recorded a revenue of Rs 6.60 crore. The operating profit for Q4 FY24 stood at Rs 4.43 crore. The net profit for Q4 FY24 was Rs 4.40 crore. Looking at the annual performance, the company generated a revenue of Rs 11.62 crore in FY24, compared to Rs 10 crore in FY23. The operating profit for FY24 was Rs 6.53 crore, with a net profit of Rs 6.33 crore.
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Disclaimer: The article is for informational purposes only and not investment advice.