The shares of the leading event management company gained up to 10 percent after the company received a tender to manage 120 events for NPCIL.
With a market capitalization of Rs 331.50 crore, the shares of Exhicon Events Media Solutions Ltd were trading at Rs 327.00 per share, increasing around 8.4 percent as compared to the previous closing price of Rs 301.65 apiece.
According to the company filing, Exhicon Events Media Solutions Ltd won a large tender from Nuclear Power Corporation of India Limited (NPCIL), and from June 2024 to April 2025, Exhicon will conduct a series of 120 events for the Nuclear Power Corporation of India. These specially curated events will travel the length and breadth of India, including Haryana, Madhya Pradesh, and others.
Moreover, these activities support NPCIL’s purpose to raise knowledge about nuclear power throughout the country. NPCIL’s activities and programs strive to educate communities and empower them to make educated decisions about their energy future.
Looking into Exhicon Events Media Solutions Ltd’s performance, revenue increased by 57 percent from Rs 30 crore in H2FY23 to Rs 47 crore in H1FY24. During the same time frame, net profit increased by 75 percent from Rs 4 crore to Rs 7 crore.
The stock has given a return of 7 percent in six months and a multi-bagger return of 242.57 percent return in a year. If an investor invests Rs 1 lakh in the company would be worth Rs 3.42 lakhs in a year.
The company’s profitability measures show a decline in return on equity (RoE) from 85.44 percent in FY 21-22 to 45.24 percent in FY 22-23, while, during the same period return on capital employed (RoCE) decreased from 86.92 percent to 58.83 percent. In contrast, the net profit margin (NPM) was 15.53 percent in fiscal year 22-23.
Exhicon Events Media Solutions Limited is engaged in providing a range of products and services for the exhibitions, conferences, and events industry. The Company’s solutions include media to integrated marketing solutions, temporary to permanent event infrastructure and management to organizing.
Written by:- Abhishek Singh
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.
