The shares of the small-cap company, which specializes in sourcing, importing, and exporting a wide variety of products across various sectors, hit the 5 percent lower circuit limit following the announcement that the suspension of trading in its equity shares had been revoked.
Price Action
With a market capitalization of 11,894.46 Crores on Friday, the shares of Bharat Global Developers Limited hit a 5 percent upper circuit, making a low of Rs. 1174.65 compared to its previous closing price of Rs. 1236.45.
What Happened
Bharat Global Developers Ltd. (formerly Kkrrafton Developers Ltd.), engaged in sourcing, importing, and exporting a wide variety of products across various sectors, has announced that the suspension of trading in its equity shares has been revoked, which is effective from April 11, 2025.
This follows the company’s submission of key financial numbers for FY 2024-25, as required by SEBI, and the revocation notice issued by BSE on April 9, 2025. However, as soon as the market opened following the revocation, the stock hit the 5 percent lower circuit limit, indicating a lack of investor interest and signaling that the stock remains cautious.
About the Company
Bharat Global Developers Ltd. specializes in sourcing, importing, and exporting a diverse range of products across sectors such as textiles, agriculture, and consumer goods. The company is also involved in infrastructure development. With a broad business portfolio, it caters to both domestic and international markets.
Key Insights
The company has a low debt-to-equity ratio of 0.29, indicating strong financial stability, and it has recorded an impressive 3-year average revenue growth of 774.25 percent. Additionally, its 3-year average net profit growth stands at a remarkable 1095.09 percent.
Financials
The company’s revenue rose by 26,211 percent from Rs. 1.05 crore to Rs. 276.27 crore in Q3FY24-25. Meanwhile, Net profit rose from Rs. 0.48 crores to Rs. 1.39 crore during the same period.
Written by Sridhar J
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