A company is said to be ‘fundamentally strong’ when it portrays certain characteristics such as strong and consistent financials, low leverage ratios, and many more.
Listed below are four such fundamentally strong stocks under Rs 100 with net profit margin (NPM) of up to 70 percent that one should add to their watchlist:
DRC Systems India Limited
With a market capitalization of Rs 290.54 crores, the stocks of DRC Systems India Limited, an IT services and Consultancy company, opened their trading hour on Wednesday hitting the 2 percent upper circuit at Rs 65.80 and currently trade at the same share price levels.
During the recent financial quarters, the company’s prime business indicators such as operating revenues as well as after-tax profits were on the rise with the former rising from Rs 9.89 crores during Q2FY24 to Rs 13.56 crores during Q3FY24, and the latter, keeping the timeframe the same, shifting up from Rs 1.48 crores to Rs 5.10 crores.
Comparing the net sales and bottom-line numbers reported during the latest quarter, the company reported a net profit margin (NPM) of 38 percent.
Easy Trip Planners Limited
With a market capitalization of Rs 8,698.95 crores, the stocks of Easy Trip Planners Limited, offering a comprehensive range of travel-related products & services, opened their trading hour on Wednesday at Rs 50.05 and currently trade at Rs 49.09, slipping approximately 1.60 percent compared to the previous closing levels of Rs 49.88 apiece.
During the recent financial quarters, the company’s prime business indicators such as operating revenues as well as after-tax profits were on the rise with the former rising from Rs 120 crores during Q2FY24 to Rs 129 crores during Q3FY24, and the latter, keeping the timeframe the same, staying uniform at levels of Rs 51 crores.
Comparing the net sales and bottom-line numbers reported during the latest quarter, the company reported a net profit margin (NPM) of 40 percent.
Dolat Algotech Limited
With a market capitalization of Rs 1,397.26 crores, the stocks of Dolat Algotech Limited, carrying on the business of securities broking and securities trading, opened their trading hour on Wednesday at Rs 82.15 and currently trade at Rs 79.39, slipping approximately 2.30 percent compared to the previous closing levels of Rs 81.23 apiece.
During the recent financial quarters, the company’s prime business indicators such as operating revenues as well as after-tax profits were on the rise with the former rising from Rs 52 crores during Q2FY24 to Rs 59 crores during Q3FY24, and the latter, keeping the timeframe the same, shifting up from Rs 35 crores to Rs 41 crores.
Comparing the net sales and bottom-line numbers reported during the latest quarter, the company reported a net profit margin (NPM) of 70 percent.
Written by Amit Madnani
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