Multibagger Realty stock that is engaged in the business of building, developing, buying and selling of real estate hits 5 percent upper circuit after its board approves the migration of company’s shares from BSE SME Platform to the Main Board of BSE Limited.
At the day’s closing the shares Samor Reality hit 5 percent upper circuit from its previous day close price at Rs. 49.77 per share and its market capitalization is Rs. 107 Crore.
As per the company’s filing on BSE, the board of directors of Samor Reality have considered and approved, and recommended the Migration of Equity Shares of the Company from BSE SME Platform to the Main Board of BSE Limited subject to necessary approvals and eligibility criteria prescribed by the BSE/SEBI.
It has delivered multibagger returns of 160 percent in a year and 48 percent in the last six months. A shareholders investment of Rs. 1 lakh in the company would be worth Rs. 2.6 lakh in a year
The company’s total revenue decreased by 20.49 percent from Rs. 17.38 Crore in FY22 to Rs. 13.82 Crore in FY23, accompanied by profits of Rs. 11.29 lakhs to Rs. 12.53 lakhs.
Samor Reality Ltd is in the business of building, developing, buying and selling of real estate units and trading of materials used.
Written by: Bharath K.S
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