The company reported a 102.20 per cent YoY increase in net profit for Q2 FY25.

The company seeks to sustain this momentum through strategic initiatives focused on driving sustained growth and profitability. 

In the past one month, the stock has gained by 21.71 per cent. 

The company's majority of stake i.e., 23.15 per cent, is owned by the Government of India (Department of Investment and Public Asset Management).

FIIs and DIIs collectively hold a 1.33 per cent as per the Q1 FY25 update.

The company’s shares have delivered an impressive return of around 30 per cent in the past 1 month only.

The Board of Directors approved to issue Bonus Shares from free reserves and Securities Premium Account.

According to the financials, the company reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22.

The stock gave multibagger returns of 602.13 per cent in the past 2 years whereas BSE Small-cap Index rose by only 32 per cent.

The stock gave multibagger returns of 320 per cent in just 6 months whereas BSE Small-cap Index is up by only 1.90 per cent. 

The stock gave multibagger returns of 115.17 per cent in just 6 months. Today, the company saw a spurt in volume by more than 3.34 times on BSE. 

The stock gave 87.89 per cent returns in just 1 month whereas BSE Sensex was down by 3.39 per cent. Investors should keep an eye on this penny stock.

The stock is up by 314.04 per cent year to date while BSE Sensex has only increased by 2.95 per cent year to date.

The benchmark indices were trading lower this week. On Friday, BSE Sensex closed on a negative note, down around 981 points or 1.61 per cent at Rs 59,845.29.

The public holds approximately 61.80 per cent of the stock, while promoters hold 38.19 per cent. In the most recent quarter, promoters reduced their stake by 29.45 percent in Q2FY23 compared to Q2FY22. 

The stock is up by 83.75 per cent in 6 months while BSE Sensex has only increased by 19.7 per cent in 6 months. Investors must keep this stock on their watch list.

On Wednesday, the benchmark indices closed higher with Sensex up around 0.23 per cent at 62,667.91, and BSE Consumer Discretionary also closed higher, up by 0.55 per cent at 5,932.85.

The stock has increased by 54.72 per cent year to date, although the BSE Sensex has only increased by 5.66 per cent. Investors must keep this stock on their watch list.

About 1,207 shares have advanced, 2,309 declined and 124 are unchanged. PSU Banks, FMCG and pharmaceutical companies have witnessed healthy buying interest but IT and teck equities continue to struggle. However, the Indian indices ended the day higher.

The stock was largely bound between 2016-2020. However, since November 2020 the stock started its dream run and from the low of Rs 0.15, the stock went on touch a high of Rs 12.88, which translates into a staggering return of over 8200 per cent in just 28 months. Isn’t it unimaginable returns?