33 Percent Jump In Net Profit; This Micro-cap Multibagger's Share Price Is Up 10 Percent

Jayant Agro-Organics Limited is a global oleochemical company, a leader in the specialty chemicals industry. The company’s track record and stringent quality controls as per international standards are noteworthy. Jayant Agro-Organics Limited Sourcing castor oil. It is a company that has gained worldwide recognition in this field. It is a company that operates in the industry of castor oil derivatives. The long tradition of the company in this field gives the company an edge in this field.

Jayant Agro-Organics Limited has recently published the quarter results of the company. The company’s total sales fell 22.3 percent to Rs 540 crore in FY24. It was Rs 695 crore in the second quarter. The company’s operating profit rose 12.5 percent to Rs 27 crore from Rs 24 crore in FY23. Similarly, the company’s net profit rose 33.3 percent to Rs 16 crore. 12 crore in the second quarter. The company’s sales have grown by three percent in the last three years. During the same period, the company’s net profit increased by 52 percent.

Read Stock Market Updates:
Stock price at 52-week high; Today, the price of ceramics company has increased by more than 7 percent

The company gave investors a return of 16 percent last year. The return from the company is 140 percent in the last three years. On Monday, the company’s shares rose over 10 percent to close at Rs 225.80. Also, the trading volume in the stock has increased by 2.5 times. Investors can keep this stock in the watch list.