Home News Back-to-back upper circuit in this micro-cap multibagger stock

Back-to-back upper circuit in this micro-cap multibagger stock

40
0

Back-to-back upper circuit in this micro-cap multibagger stock

In this article we read about Back-to-back upper circuit in this micro-cap multibagger stock. Shares of NDR Auto Components Limited remained trapped in the upper circuit on Tuesday, climbing 5.00 per cent. The stock also achieved a 52-week high of Rs 965.45. In the last six months, the stock has increased around 63 per cent.

NDR Auto Components Limited has also generated multibagger returns to its stockholders. During this period, shares of NDR Auto Components Limited increased from Rs 394.65 on July 11, 2022, to Rs 965.45 on July 11, 2023, an increase of almost 144 per cent in a one-year holding period.

In Q4FY23, the revenue of the company amounted at Rs 130.26 crore which climbed by 63.65 per cent YoY. The operational profit of the company amounted at Rs 13.64 crore which climbed by 89.87 per cent on a YoY basis, while the PAT of the company stood at Rs 7.50 crore, which increased by 111.5 per cent YoY.

NDR Auto Component engages in the auto components sector and makes seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories connected to car seats. It was listed post-demerger of the vehicle seating business from Sharda Motor Industries Limited.

The stock has grown more than 500 per cent in the last three years, and investors should keep a close check on this stock.

Previous articlePenny Stocks that Locked in upper circuit on 11 July 2023
Next articlePenny Stocks that Locked in upper circuit on 12 July 2023
Procapital Akash is one of the best-known sources of financial information on the internet. Started with the sole objective of building a bright financial future for our viewers. We will help viewers to achieve their Financial goals with effective and smart investment planning. Get Latest Update On Penny Stocks, High Dividend Paying Stock.

LEAVE A REPLY

Please enter your comment!
Please enter your name here