Multibagger Penny Stock Hits Upper Circuit On Ex-Bonus Day, Jumps 84% In 14-Days

Small cap company Integra Essentia Ltd shares today hit 5% upper circuit as it trades ex-bonus in the ratio of 1:1 today. Last trading price of Integra Essentia stock on BSE is Rs 6.46 apiece with intraday gain of 4.87%. Integra Essentia shares jumped 84% in last 2-weeks and soared 750% in last 2-years. Integra Essentia has a market capitalisation of Rs 590.49 crore. Check details below:

Integra Essentia Trades Ex-Bonus Today: The apparels sector company earlier last year on December 30 announced the record date as January 11, 2024 for 1:1 bonus share. Previously, the Board of Integra Essentia approved and recommended bonus issue in the ratio of 1:1 on November 27, 2023, stated the regulatory filing.

Integra Essentia Stock Performance & Return: The 52-week high price is quoted at Rs 6.48 per share and 52-week low price is quoted at Rs 2.55 per share, respectively. Integra Essentia shares surged 107% in last 6-months, gained 72% in last 1-year, and offered surge of 3130% in last 3-years. In last 5-years, Integra Essentia shares gained 1335%.

Integra Essentia Financial Results: It announced its revenue from operations for the quarter ended September 30, 2023 soared by 17.11% from Rs. 5712.55 lakhs to Rs 6689.71 lakhs. It announced its PAT soared 248.71% from Rs 215.88 lakhs in Q2 FY 23 to Rs 752.79 Lakhs in Q2 FY24. The company's PAT margins surged from 3.63% in Q2 FY23 to 10.07% in Q2 FY24 by 644 bps. Its EBITDA soared 420.98% from Rs 211.11 lakhs in Q2 FY23 to Rs 1099.84 lakhs in Q2 FY24.

About: IEL is a company engaged in business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life.

Disclaimer:

The stock just highlights the bonus share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.