Multibagger Stock: This micro cap share jumped 17% in early trade, know what the company does – micro cap share yuken india soars over 17 percent
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This company was established in June 1976. Yuken India Limited in association with Yuken Kogyo Co. Ltd. of Japan has become a leading name in the field of hydraulic equipment. The company’s product range includes a wide range of hydraulic gear such as vane pumps, piston pumps and pressure controls. The company has global presence. The company exports its products to more than 15 countries.
The company’s revenue for the first quarter of FY2024 marginally declined to Rs 95.10 crore. This is 5.86% lower than Q4 FY23’s Rs 101.03 crore. However, there was a significant increase in EBITDA during this period, reaching Rs 8.54 crore. This is a significant growth of 17.73% as compared to Q4 FY23. In addition, there has been a strong growth in profit after tax (PAT). It reached Rs 3.11 crore, showing an impressive growth of 46%. These results underscore the company’s promising momentum and growth direction.
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