The company’s share price rose from Rs 79.6 on 14 January 2021 to Rs 444.50 on 13 January 2023, a gain of over 450% in the last two years of holding period. The stock has given mind-blowing returns in the previous 2 years, while the S&P BSE Smallcap index has returned around 55% in the last two years.
On a consolidated basis, the company’s net revenue rose 25% YoY to Rs 682.6 crore in the latest quarter, Q3FY23. Bottom line grew 15.30% YoY to Rs 45 crore. The stock is currently trading at a TTM PE of 18.29x, against an industry PE of 8.46x. The company achieved ROE and ROCE of 45.20% and 31.19%. The company is a component of Group A stocks and manages a market capitalization of Rs 3,188.86 crore
Stock market update
Today, the stock opened with a high of Rs 453.15 and a high and low of Rs 464.55 and 453.15. The stock has a 52-week high and low of Rs 473.20 and Rs 230.95 respectively on BSE.
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