Small Cap Auto Components Stock Under Rs 30 Gains 8% Today, Soars 85% YTD

Shares of small cap company from Industrial Consumables sector Pritika Auto Industries Ltd gained nearly 8% intraday today. Last trading price of Pritika Auto share BSE is Rs 29.40 apiece with intraday gain of 7.81%. Pritika Auto shares opened at Rs 28.44 apiece, hit day's high of Rs 29.85 apiece, and day's low of 27.05 apiece today. Pritika Auto shares witnessed a rally of 85% year-to-date and jumped 72% in last 1-year.

Recently, the company held a meeting on November 29 wherein it appointed Sushil K Sikka, Practicing Company Secretary as Scrutinizer to conduct the entire voting process at the 43" Annual General Meeting (including Remote e voting) and to submit his report for declaration of result.

The company also fixed the date & time of 43 Annual General Meeting of the Company to be held on Friday, the 29" December, 2023 through Video Conferencing (VC) and other Audio Visual Means (OAVM) at 11.30 a.m. and approved Notice of Annual General Meeting.

Pritika Auto Stock Performance & Return: Current market price of Pritika Auto stock is Rs 29.40 apiece. Its 52-week high price is Rs 31.70 per share and 52-week low price is Rs 13.10 apiece, respectively. The company has a market capitalisation of Rs 260.70 crore. Pritika Auto shares gained 37% in last 1-month, soared 72% in last 6-months, offered return of 85% year-to-date. In last 2-years, Pritika Auto shares rose 70% and gained 50% in last 3-years. Pritika Auto stock declined 18% in last 5-years.

Pritika Auto Financials: The company for the quarter ended September 2023 declared its net sales at Rs 93.70 crore, down 6.34% from Rs 100.04 crore in September 2022. The company announced its quarterly net profit at Rs 3.78 crore in September 2023, down 24.44% from Rs 5.00 crore announced in the corresponding quarter of last year. Its EBITDA declared at Rs 12.43 crore in September 2023, down 5.11% from Rs 13.10 crore in September 2022. The company's EPS declined to Rs 0.43 in September 2023 from Rs 0.56 in September 2022.

Disclaimer:

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