An Indian penny stock company involved in real estate trading has hit a 5% upper circuit after reporting a 3,840% year-over-year increase in net profits in Q4. The company's robust financial performance has attracted significant investor attention.
Penny StockReal EstateFinancial PerformanceStock MarketNet ProfitReal Estate NewsMay 28, 2025
A penny stock is a common stock that trades at a low price, typically under $5 per share, and is often associated with small-cap companies. These stocks are known for their high volatility and potential for significant gains or losses.
Sharanam Infraproject & Trading Ltd's stock hit a 5% upper circuit due to its robust financial performance, specifically a 3,840% year-over-year increase in net profits and a 1,255% increase in revenue. This strong performance has attracted significant investor attention.
Sharanam Infraproject & Trading Ltd is primarily engaged in the trading of Real Estate Products. This includes the purchase and sale of land and buildings, as well as the buying, selling, sub-letting, maintaining, allotting, leasing, and constructing of various real estate properties.
The company's debt-to-equity ratio is 0.07, indicating that it is almost debt-free. This is a positive financial indicator, suggesting a strong financial health and reduced risk.
The company's Return on Equity (ROE) stands at 13.8 percent, which is a measure of the company's profitability relative to shareholder equity. A higher ROE indicates better profitability and efficiency in using shareholder funds.
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