During Monday’s trading session, the price of a penny stock company engaged in the business of Precious Metals, Stones & Jewelry Trading surged up to 16% after securing orders worth 35 crores from Richa Info Systems.
With a market capitalization of Rs. 12.16 crores, on Monday, the shares of Panth Infinity Ltd are trading at Rs. 7.59, up by close to 16 percent from its previous closing of Rs. 6.58.
What’s the News
Panth Infinity Ltd has received orders worth 35 crores from Richa Info Systems Limited, the company which is involved in the business of assembling products and digital solutions. The purpose of the order is to provide goods and their services on an Order basis as per the requirement of the Client. The aggregate value of the work order is Rs 35 Crores. The time period of the order to be executed is 1 year.
About the company
Panth Infinity Ltd is an Indian company primarily engaged in the trading of precious metals, stones, and jewelry, with a registered office in Gujarat. The company was incorporated in 1993 and changed its name to Panth Infinity. The company has also entered in e-commerce segment to help promote existing and newly launched brands. The company’s eB2B platform helps sellers in areas like technology, marketing and promotions, sales, advertising, etc.
The company’s revenue from operations has surged by 696 percent from Rs. 1.65 Crores in Q2FY25 to Rs. 13.14 Crores in Q3 of FY25, whereas the net profits of the company have grown by 246 percent from Rs. 0.32 crores in Q2FY2025 to Rs. 1.11 Crores in Q3FY2025.
Written by Likesh Babu S
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