A penny stock trading under Rs.15 hit the 5 percent upper circuit in today’s session after the company announced its quarterly results, reporting a remarkable 430 percent year-on-year surge in revenue. The sharp rise in topline performance has sparked strong investor interest, positioning the stock among the top gainers in the micro-cap segment.
During Wednesday’s trading session, Eureka Industries Ltd reached an intra-day high of Rs.10.95 per share, hitting a 5 percent upper circuit from its previous close of Rs.10.43 each. The shares have retreated since then and currently trading at Rs.10.89 apiece. Over the past five years, the shares have delivered over 500 percent returns.
Financial Performance
Eureka Industries Ltd experienced a significant rise fueled by strong revenue and net profit growth, as reflected in its latest financial results. In Q4 FY25, the company reported revenue of Rs.39.16 crore, a significant increase of 432.93 percent from Rs.7.35 crore in Q4 FY24. On a sequential basis, revenue rose by 8.94 percent from Rs.35.94 crore in Q3 FY25, indicating continued operational momentum.
Net profit for the quarter stood at Rs.47.89 lakhs, marking a strong turnaround from a net loss of Rs.2.44 crore in the same period last year. However, it declined by 39.14 percent compared to a profit of Rs.78.68 lakhs in Q3 FY25.
Eureka Industries Limited is currently engaged in trading agricultural commodities such as wheat, rice, paddy, maize, and pulses. Looking ahead, the company aims to expand into the cultivation of a wide range of agricultural products, including fruits, vegetables, seeds, cereals, grains, lentils, cash crops, corn, hay, and straw, with a focus on sustainable and organic farming practices.
Recently, Eureka Industries Ltd announced the details of its rights issue. The issue opened on April 9, 2025, and closed on April 30, 2025. The record date was set as March 28, 2025. The company offered 4,90,00,000 equity shares at a price of Rs.10 per share, aggregating to a total issue size of Rs.49.00 crores. The entitlement ratio was 28:5, meaning shareholders received 28 rights shares for every 5 fully paid equity shares held on the record date.
Written by – Siddesh S Raskar
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