Multibagger penny stock under Re 1 locked in the upper circuit as company reports a 1088 per cent jump in PAT

The stock of Excel Realty N Infra Ltd has seen a significant increase of 97% from its 52-week low of Rs 0.34 per share, giving investors multibagger returns of 645% over the past 5 years. Today, the stock closed at Rs 0.67 per share, up 2% from its previous closing price of Rs 0.66 per share.

Established in 2003, Excel Realty N Infra Ltd operates in infrastructure development, IT-enabled BPO services, and general trading. The company’s IT/BPO segment offers customer care and workflow management services, while its general trading and infrastructure activities have contributed significantly to its revenue.

The company has undertaken various projects focusing on residential and annuity businesses, such as collaborating with Siliconn Infracon for agricultural land development and completing stormwater drainage projects. According to the latest quarterly results, the company saw a decrease in net sales but an increase in operating profit and net profit in Q1FY25 compared to the previous year.

In its consolidated annual results, Excel Realty N Infra Ltd reported a turnaround in net profit in FY24 compared to a net loss in FY23, showing an increase of 385%. The stock is currently trading at 0.54 times its book value, with a market cap of Rs 94.52 crore. Investors should keep an eye on this micro-cap stock, although it is important to note that this article is for informational purposes only and not investment advice.