The shares of an Indian penny stock Company are in focus after the company bags orders worth $ 75,00,000 (approx INR 65 Crores) from a Hong Kong entity, and also the company’s board has approved a stock split in the ratio of 1:5.
With a market capitalization of Rs. 42.06 crores, on Monday, the shares of ETT Ltd are trading at Rs. 15.94, up by close to 8.5 percent from its previous closing of Rs. 14.69 The 52-week high of the company stands at Rs 36.80 the company is trading at 56 percent from its previous high
What’s the News
LADDU GOPAL ONLINE SERVICES LIMITED, formerly known as ETT Limited, has received orders from Chixin Technology Co., Limited, Hong Kong, worth $ 75,00,000 approx. Rs 65 Crores for Digital media marketing including SEO, social media marketing, PPC advertising, content marketing, email marketing, website analytics & reporting, and other related services.
The companies have also agreed upon the mode of payment, Monthly, where the payment is to be made by the 7th of each month for work completed in the previous month, and the contract is for 3 years from May 9, 2025, to May 8, 2028
Stock Split
ETT Limited has also announced a stock split in the ratio of 1:5, approved by its Board of Directors on May 10, 2025. As per the resolution, each fully paid-up equity share with a face value of Rs 10 will be subdivided into five equity shares of Rs 2 each.
This move is intended to enhance the stock’s liquidity in the market and make it more accessible to retail investors. The split is subject to shareholder approval via postal ballot and is expected to be completed within two months, following necessary regulatory compliance.
ETT Ltd is a New Delhi-based real estate development company. Specializing in commercial and residential infrastructure, the company is known for creating Software Technology Parks, IT hubs, townships, and hospitality projects across India.
ETT Ltd has delivered notable developments like the Express Trade Towers and Baba County township, positioning itself as a niche player in the real estate and infrastructure sector. The company is also in the digital marketing space. The company has previously delivered high-end projects for national and international clients.
The company’s revenue from operations has surged by 18.31 percent from Rs. 0.71 Crores in Q3FY24 to Rs. 0.84 Crores in Q3FY25, whereas the net profits of the company have grown by 23.26 percent from Rs. 0.43 crores in Q3FY24 to Rs. 0.53 Crores in Q3FY25.
India’s digital media and tech sector is set for rapid expansion in the coming years. In this promising environment, ETT Limited stands out as a profitable, debt-free, and well-established company, which could make it an opportunity for investors looking to tap into the next big multibagger growth story.
Written By Likesh Babu S
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