Multibagger from its 52-week low: This micro-cap company receives work order worth Rs 5.15 crore!
The stock gave multibagger returns of 120 per cent from its 52-week low of Rs 78.85 per share.
Dhabriya Polywood Ltd informed that the company’s wholly owned subsidiary company i.e., Dynasty Modular Furnitures Pvt Ltd has received a work order from DLF Limited for supply & installation of kitchen, wardrobes, vanity and medicine cabinets for the project DLF city floors (Phase-F and G) at Gurgaon. The order is worth Rs 5.15 crore excluding GST.
Today, shares of Dhabriya Polywood Ltd plunged 0.60 per cent to Rs 16.45 per share with an intraday day high of Rs 168 and an intraday low of Rs 160.20.
Dhabriya Polywood Limited is engaged in the manufacturing of PVC and UPVC based products for a wide range of building interior and exterior applications.
According to the financials, the firm reported positive numbers in its Quarterly Results and annual results. The net sales rose by 18 per cent and net profit rose by 66 per cent in Q3FY23 over Q3FY22. In FY22, net sales rose by 26.42 per cent and net profit rose by 25 per cent over FY21. The company has a market cap of Rs 175 crore with a CAGR of 84 per cent in 3 years.
The stock gave multibagger returns of 120 per cent from its 52-week low of Rs 78.85 per share. Investors should keep an eye on this micro-cap stock.