Roto Pumps Ltd (NSE: ROTO) Share Price: The price of shares in Roto Pumps has seen a rise of over 13 percent.
The value of the company’s shares on BSE reached the intra-day maximum of around 320 rupees.
The reason for the increase in the share price of the company on Monday was the fact that they received an order.
It has informed the market that it has been awarded the task of Solar Submersible Pumping Systems.
Based on the information in the contract, the company is expected to dig 200m. This order has come to the company from the request in Australia, South Africa, Chhattisgarh, and Maharashtra.
The company is required to provide 100 pumps within South Africa and 100 units in Australia. Roto Pumps was established in 1968.
The company’s share began trading at Rs 299, according to BSE. On the day, the company’s share jumped by 13 percent, reaching a value that is Rs 320.
The 52-week peak of the share of the company is Rs 374.33 while the 52-week lowest point is Rs 150.23.
How Is The Financial Situation Of The Business?
Profits from the business declined by 11.5 percent during September. The profit net of the company was Rs 10.77 crore. In the same period, its net income for the business was Rs 12.17 crore.
The net profit could have dipped, however, there are no changes in the revenues of the business. The company’s revenue for September was Rs 70 crore.
How Is The Overall Performance Of The Company In The Stock Market?
In the last 2 weeks, the value of stocks of the firm has risen to 28 percent. However, the company has been able to provide a profit of more than 47 percent to investors who are in position.
Investors who held the shares of the company for five years have earned an average profit of 784 percent to date.
Quick Fact
| Company name | Roto Pumps |
|---|---|
| Establishment Year | 1968 |
| Latest Order | Soral Submersible Pumping Systems |
| Order Details | 200m digging, 100 pumps for South Africa, 100 pumps for Australia |
| Order Locations | Australia, South Africa, Chhattisgarh, Maharashtra |
| Revenue (September) | ₹70 crore |
| Profit (September) | ₹10.77 crore |
| Previous Profit | ₹12.17 crore |
| Profit Change | -11.5% |
| Recent Stock Rise | 13% |
| Stock Rise (2 weeks) | 28% |
| Stock Rise (5 years) | 784% |
| Possible Target Price | Not provided |
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