Multibagger Penny Stock Under Rs 15 Surges 14.5 Per Cent After Hitting 52-Week Low
From Rs 0.60 to Rs 14.74 per share, the stock gave multibagger returns of 2,357 per cent in 5 years.
On Tuesday, shares of Bartronics India Limited surged 14.5 per cent to Rs 14.74 per share after hitting a 52-week low of Rs 12.87 per share. The stock’s 52-week high is Rs 25.84 per share while its 52-week low is Rs 12.87 per share.
Bartronics India Limited is a pioneering company in the fintech industry, dedicated to delivering innovative financial solutions and fostering inclusive growth. The mission of the organisation is to provide accessible banking services and empower underserved communities through strategic partnerships and initiatives.
Bartronics India Limited has approved a proposal to establish a branch office of the company in Singapore. Additionally, the company and Singapore's PTW Group partnered to advance India's semiconductor industry. PTW's entry into India will leverage its expertise to support India's global hub ambitions. New facilities will focus on equipment production, refurbishment, and training. The partnership aims to drive innovation in manufacturing, training and R&D. PTW, a leading solutions provider with clients like TSMC and Samsung, brings key expertise. Bartronics sees this as a strategic move to capitalize on India's semiconductor potential.
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According to Quarterly Results (Q3FY25), the company reported net sales of Rs 8.71 crore and a net loss of Rs 0.33 crore. In its nine-month results, the company reported net sales of Rs 31.13 crore in 9MFY25. The company reported a net profit of Rs 0.82 crore in 9MFY25 compared to a net loss of Rs 0.59 crore in 9MFY24, an increase of 239 per cent. In its annual results (FY24), the company reported net sales of Rs 48.84 crore and a net profit of Rs 1.38 crore.
The company has a market cap of over Rs 438 crore. From Rs 0.60 to Rs 14.74 per share, the stock gave multibagger returns of 2,357 per cent in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.