{"id":119141,"date":"2024-02-15T13:12:02","date_gmt":"2024-02-15T07:42:02","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=119141"},"modified":"2024-02-15T13:28:57","modified_gmt":"2024-02-15T07:58:57","slug":"penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/","title":{"rendered":"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1321534682\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1657774300\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 324 crores, the shares of Maximus International Ltd started Thursday\u2019s trading session on a higher note at Rs. 25.20 compared to its previous close of Rs. 24.57. During the trading session, the share hit a high of Rs. 27, gaining around 6 percent and are currently trading at Rs. 25.88 apiece.&nbsp;<\/p><p>Looking at the company\u2019s consolidated financial statements, the revenue increased marginally by 4.4 percent from Rs. 24.76 crores during the September quarter to Rs. 25.85 crores in the December quarter. In addition, the net profits magnified by 102 crores from Rs. 1.28 crores to Rs. 2.59 crores during the same period.&nbsp;<\/p><p>Comparing these metrics on a YoY basis, the revenue increased by 9 percent from Rs. 23.79 crores during Q3FY23 to Rs. 25.85 crores in Q3FY24. On the other hand, the net profits zoomed by 46 percent from Rs. 1.78 crores to Rs. 2.59 crores during the same timeframe.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-856120220\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company has a plan to enter the retail market in existing geographies. This will help them to add some focus towards an ever-growing retail market and improve the visibility of the products. Moreover, they aim to increase export volumes from UAE units to GCC countries such as Qatar, Kuwait, Saudi Arabia, Oman, Bahrain and North Africa.&nbsp;<\/p><p>Due to consistent operating revenue and profits on a YoY basis, the profitability metrics of the company improved with the return on equity (RoE) increasing from 19.70 percent during FY 21-22 to 25.06 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 21.08 percent to 24.56 percent during the same timeframe. Furthermore, the net profit margin increased from 6.76 percent during FY21-22 to 7.31 percent during FY22-23.&nbsp;<\/p><p>Headquartered in Vadodara, Maximus International was incorporated in 1975. The company is a manufacturer and distributor of Lubricants, Lube Base Oils, and other petrochemical products used in industries such as automotive, metalworking, refrigeration, electrical, paint and ink industries.&nbsp;<\/p><p><strong>Written By Vaibhav Patil&nbsp;<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2195197084\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.&nbsp; With a market capitalization of Rs. 324 crores, the shares of Maximus International Ltd started Thursday\u2019s trading [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":112049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-119141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits\" \/>\n<meta property=\"og:description\" content=\"Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-15T07:42:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-15T07:58:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/\",\"url\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/\",\"name\":\"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg\",\"datePublished\":\"2024-02-15T07:42:02+00:00\",\"dateModified\":\"2024-02-15T07:58:57+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits - Trade Brains Features","description":"Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/","og_locale":"en_US","og_type":"article","og_title":"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits","og_description":"Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-02-15T07:42:02+00:00","article_modified_time":"2024-02-15T07:58:57+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/","url":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/","name":"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg","datePublished":"2024-02-15T07:42:02+00:00","dateModified":"2024-02-15T07:58:57+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of this microcap company jumped around 6 percent in Thursday\u2019s trading session after reporting an increase in net profits by 102 percent YoY. In six months, the shares have delivered around 70 percent returns to its shareholders.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/autooil.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/penny-stocks-jumps-6-after-it-reports-102-qoq-increase-in-net-profits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Penny stocks jumps 6% after it reports 102% QoQ\u00a0increase in net profits"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/119141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=119141"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/119141\/revisions"}],"predecessor-version":[{"id":119143,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/119141\/revisions\/119143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/112049"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=119141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=119141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=119141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}