{"id":119493,"date":"2024-02-21T13:36:18","date_gmt":"2024-02-21T08:06:18","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=119493"},"modified":"2024-02-21T13:55:39","modified_gmt":"2024-02-21T08:25:39","slug":"microcap-stock-jumps-7-after-signing-an-mou-with-cosmos-group","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-7-after-signing-an-mou-with-cosmos-group\/","title":{"rendered":"Microcap stock jumps 7% after signing an MoU with Cosmos group"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1796428836\"><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>On Wednesday, a multibagger microcap stock jumped by 7 percent after signing a Memorandum of Understanding (MoU) with Cosmos Group. It has delivered a multibagger stock return of 130 percent in one year.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3832170800\"><!-- 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 \u20b9493 crore, DU Digital Global Ltd. stock rose by 7 percent from its previous close of \u20b970.75 per share to \u20b976 per share.&nbsp;<\/p><p>According to the company&#8217;s exchange filing, the agreement between DU Digital Global Ltd. and Cosmos Group took place at the Cosmos Center in Bangladesh. It aimed to expand the company\u2019s reach and offer creative solutions in the visa processing industry. Both companies have expressed interest in this strategic alliance in order to unlock new opportunities and deliver superior service to clients.&nbsp;<\/p><p>On a YoY basis, revenue from operations of the company increased by 297 percent from \u20b99.4 crore in FY22 to \u20b937.28 crore in FY23, and in the same period, net profits increased by 408 percent from \u20b90.13 crore to \u20b90.66 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3309171636\"><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\u2019s capabilities include location independent document processing, passport and consular services, public services, migration services, eVisa solutions, tourism, digital lockers, and trade support for the government.&nbsp;<\/p><p>The shareholder pattern of the company shows that 65.93 percent is held by the promoter, followed by 18.10 percent held by the public, and the remaining 15.97 percent is held by foreign institutional investors (FIIs).&nbsp;<\/p><p>DU Digital Global Ltd., an Indian based company incorporated in 2007, specialises in administrative and non-judgmental tasks related to visas, passports, identity management, and other citizen services for its client governments. It has a worldwide presence, with over 35 centres in various countries.&nbsp;<\/p><p><strong>Written By Praveen R<\/strong><strong>&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-4039336048\"><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>On Wednesday, a multibagger microcap stock jumped by 7 percent after signing a Memorandum of Understanding (MoU) with Cosmos Group. It has delivered a multibagger stock return of 130 percent in one year.&nbsp; With a market capitalization of \u20b9493 crore, DU Digital Global Ltd. stock rose by 7 percent from its previous close of \u20b970.75 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13571,"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-119493","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>Microcap stock jumps 7% after signing an MoU with Cosmos group - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Wednesday, a multibagger microcap stock jumped by 7 percent after signing a Memorandum of Understanding (MoU) with Cosmos Group. 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