With a market capitalization of ₹ 452.00 crores and a share price of ₹ 21.75 apiece, SBC Exports is a penny stock. The company is engaged in the trading and manufacturing of garments, IT & manpower services and tour operator services. Its promoters hold a 65.81% stake in it, while retail investors hold a 34.19% stake.
According to the company’s filings with the exchanges, it has received orders worth ₹ 3,21,44,032 from March 16, 2023, to Monday. During this period, its share price surged by 32% from ₹ 16.55 apiece to ₹ 21.85.
The most recent order that it received was a work order for an amount of ₹ 99,47,741, for providing office support, project management support and rollout services from Rajiv Gandhi Shiksha Mission, CG through NICSI, New Delhi.
In the past six months, its share price surged by 140% from ₹ 9.10 apiece to the current levels. In fact, in the past year, its share price increased by a whopping 280% to deliver multibagger returns of 280%, as its share price increased from ₹ 5.75 apiece to the current levels. If an investor had invested ₹ 1 lakh in the company’s shares a year ago, the value of their holdings would have been ₹ 3.80 lakhs today!
SBC Exports has a return on equity of 14.15% and an ideal debt-to-equity ratio of 0.54. Its shares were trading at a price-to-earnings ratio (P/E) of 81.06, which is higher than the industry P/E of 21.01, indicating that the stock might be overvalued as compared to its peers.
Written by Simran Bafna
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