Multibagger Stock: The small-cap stock is one of the multibagger penny stocks that can be Share Market produced in the last few years. However, the stock has been on a profit-booking spree in the last one and a half months and is falling from close quarters. 104.85 each level (52-week record high) to 53 Epic level, a drop of about 50 percent this time. But, despite this base building mode, the share price of this SME company has increased from approx. from 10 53 each tier giving more than 400 percent return to its shareholders in the last two years.
vintage coffee and beverages stock price
As mentioned earlier, the stock has been in base building mode for the past one year. it’s fallen all around from 104 53 epic levels in the last one and a half months. However, the stock has delivered great returns to its shareholders in the past. it grew around 10 (October 2020) to 104 in September 2022, gave a return of around 940 percent to positional investors of small-cap stocks. Hence, despite the heavy sell-off over the past two months, the stock has managed to remain a multibagger penny stock on Dalal Street, delivering over 400 per cent returns to shareholders over the past two years.
Small-cap SME sized export-oriented company is in the news these days to get the order value 21 crore to Russia and other CIS countries. As per the information available in the company’s exchange filings, the BSE listed company has received orders of value 21 crore to export instant coffee to Russia and other CIS countries. New orders will increase the position of the order book 61 crore and help the company leverage its position in the rapidly growing instant coffee market, said Managing Director Balkrishna Tati. The company said in a press release that the other group companies of Vintage Coffee and Beverages are in an advanced stage of finalizing orders for the supply of consumer packs with European and West African customers.
In Q2FY23, small-cap SME-sized company reported net profit growth of 3000 per cent 0.31 crore while its sales increased by 3283 percent 9.88 crores.
The current market cap of the company is 369 crores and its current trading volume is 32,313, which is higher than its last 20 days average trading volume of 50,626. And there is still a trade session of about three and a half hours left. It has a 52 week high 104.85 while its 52-week low is . Is 51.20 What he has made today. Its book value per share is 19.60.
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