₹6 Penny Stock Hits Upper Circuit for 14 Days—Strong Growth Margins
GVK Power & Infrastructure Ltd (NSE: GVKPIL): Stock-specific action is going on in the stock market after the gapdown opening on Wednesday. Nifty is seeing a decline on Wednesday after 14 consecutive days of gains.
Some investors are booking profits at this level, while some investors are adopting the strategy of buying on dips.
Investors want to make investment decisions very cautiously at this time. Their eyes are on such sectors, which can show continuous growth in the coming time.
Apart from this, some investors constantly look for their multibagger in penny stocks.
Some penny stocks are constantly in the news, one of them is GVK Power & Infrastructure Ltd, which has been hitting an upper circuit of below 2 percent for the last 14 days. In 14 days, the price of this stock has increased from Rs 4.71 to Rs 6.01.
GVK Power & Infrastructure Ltd is principally involved in offering maintenance and operation services, manpower, and consultancy services. It is also involved in emergency services to owners of airports, power stations, and infrastructure businesses.
The share of GVK Power & Infrastructure Ltd attracted attention as it continued to hit an upper circuit.
As of the beginning of the trading session on Wednesday, GVK Power & Infrastructure Ltd’s share was trading at just 6.19 rupees each on BSE with a closing price of 6.07 rupees. The market capitalization at present of this company stands at 923 Crore rupees.
According to the quarterly results of the first quarter of FY 2025, the company recorded a revenue of Rs 223.95 crore from operating as against Rs 497.17 crore in the previous period. The operating profit of the company is Rs 178.09 crore as against Rs 449.70 crore, with a margin of 79.52 percent.
Net profit stood at Rs 4.87 crore in the first quarter of FY 2025 as against Rs 275.27 crore in the same period last year. In the year-end performance of the business, the company recorded a profit of about 1080 crore rupees.
In terms of shareholding pattern, promoters hold a 54.25 percent stake in the company, while general investors or retail investors hold a 44.41 percent stake. FIIs and DIIs hold 0.85 percent and 0.48 percent stake respectively.
Quick Fact
Company name: GVK Power & Infrastructure
Company name | GVK Power & Infrastructure |
---|---|
Sector | Infrastructure |
Type of Services | Maintenance, Operation, Consultancy, Emergency Services |
Main Clients | Airports, Power Stations, Infrastructure Businesses |
Stock Movement | Upper Circuit below 2% for 14 Days |
Recent Price Range | ₹4 to ₹6 |
Market Capitalization | ₹923 Crore |
Revenue (Q1 FY 2025) | ₹224 Crore |
Revenue (Previous Period) | ₹497 Crore |
Operating Profit (Q1 FY 2025) | ₹178 Crore |
Operating Profit (Previous Period) | ₹450 Crore |
Profit Margin (Q1 FY 2025) | 80% |
Net Profit (Q1 FY 2025) | ₹5 Crore |
Net Profit (Previous Year Same Period) | ₹275 Crore |
Annual Profit (Last Year) | ₹1080 Crore |
Promoter Holding | 54.25% |
Retail Investor Holding | 44.41% |
FIIs Holding | 0.85% |
DIIs Holding | 0.48% |
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