Micro-cap stock engaged in the business of manufacturing and servicing shipboard machinery, gained marginally in the day’s trade after it received orders worth Rs. 77 Lakhs from Goa Shipyard Limited.
At 3:18 p.m. the shares of CFF Fluid Control Limited were trading at Rs. 432.35, up 0.23 percent from its previous day’s close price of Rs. 431.35 and its market capitalization is Rs. 842 Crores.
As per the company’s filing on BSE, CFF Fluid Control Limited has received a contract worth Rs. 77 Lakhs from Goa Shipyard Limited, for Heating, Ventilation, Air Conditioning & Refrigeration Systems for 1258 yards and it is to be delivered by April 2027.
It has delivered multi-bagger returns of 162 percent since the last six months of listing. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 2.62 lakh.
The company’s revenue grew 50.39 percent from Rs. 46.99 Crores in FY22 to Rs. 70.67 Crores in FY23, accompanied by increasing profits of Rs. 7.73 Crores to Rs. 10.14 Crores.
It has reported a return on equity (ROE) of 50.88 percent and a return on capital employed (ROCE) of 34.29 percent, it is making good returns on its equity and capital employed.
CFF Fluid Control Limited is an engineering company, engaged in the business of manufacturing and servicing shipboard machinery.
Written by: Bharath K.S
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.
