June quarter results are almost coming to an end with a lot of companies posting robust numbers by way of zooming their revenues and net profits which, in turn, paves the way for a potential bright future for the companies.
Listed below are 2 stocks under the “small-cap” category which portray a revenue growth of up to 5,066 percent:
Ganesh Housing Corporation Limited
With a market capitalization of Rs 3,611 crores, the stocks of Ganesh Housing Corporation Limited closed at Rs 433.10 in Wednesday’s trading session, slipping around 1.30 percent as compared to the previous close of Rs 438.85 apiece. The company’s stock is trading near its 52-week high which was recorded at a price of Rs 492.
The company’s scrip shows signs of an ‘undervalued’ stock with a price-to-earnings ratio (P/E) of 14.54 as compared to the sector P/E of 30.65.
The company’s latest financial reports, as per the June 2023 quarter, show an increase in the prime business indicators such as the revenues which increased from Rs 43 crores during Q1FY22-23 to Rs 270 crores during Q1FY23-24 indicating an increase of around 528 percent.
Ganesh Housing Corp Limited is engaged in the business of constructing commercial, residential, and infrastructure projects. The company has a single business segment including the development of Real Estate properties. Some of its projects include Satva, GCP Business Center, etc.
GKW Limited
With a market capitalization of Rs 660 crores, the stocks of GKW Limited closed at Rs 1,105 in Wednesday’s trading session, gaining around 0.65 percent as compared to the previous close of Rs 1,098 apiece. The company’s stock is trading near its 52-week high which was recorded at a price of Rs 1,132.60.
The company’s latest financial reports, as per the June 2023 quarter, show an increase in the prime business indicators such as the revenues which increased from Rs 18 lakhs during Q1FY22-23 to Rs 9.30 crores during Q1FY23-24 indicating an increase of around 5,066 percent.
GKW Limited is a company based in India that operates under two broad segments including the ‘Warehousing’, and the ‘Investment & Treasury’ segment.
Written by Amit Madnani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
