Pressure Sensitive Systems (India) Limited: A Rising Star in the World of Manufacturing

Pressure Sensitive Systems (India) Limited: A Rising Star in the World of Manufacturing

Pressure Sensitive Systems (India) Limited

   There is a Positive atmosphere in the shares of the clothing tape manufacturing company. After the June quarter results, experts are advising to invest in Pressure Sensitive Systems (India) Limited. It is estimated that the company's shares may see a rise of 600 percent in the next 6 months.
Small cap companies have created a stir in the stock market. Ever since the quarterly results of such companies have come. Excitement is also being seen in the stock market. Experts estimate that the shares of such companies may see a rise in the coming days. One such company is Pressure Sensitive Systems (India) Limited. Whose quarterly results have set the company's shares on fire.
If experts are to be believed, the company's shares may see a jump of 600 percent in the coming 6 months. On Monday also, the company's shares saw a rise of about 5 percent. According to the information, recently Pressure Sensitive Systems (India) Limited has received a big order worth Rs 76 crore from a Singapore based IT firm. Due to which the shares of the company have got a boost.

Recently Pressure Sensitive Systems (India) Limited has received a big order worth Rs 76 crore from a Singapore based IT firm

Quarterly results have been excellent

According to the information, the June quarter results of the company have been quite excellent. The company has generated a consolidated revenue of Rs 96 crore in this quarter. Whereas in the same quarter last year the company's earnings were quite low. In the last quarter of the last financial year, there was an increase in the company's earnings and it earned Rs 41 crore. If we talk about profit, PSSI had generated a consolidated profit of Rs 38 crore in the June quarter. The company's shares may rise by 600 percent in the same period of financial year 2022.
 

According to the data received from BSE, there was a rise of about 5 percent in the shares of Pressure Sensitive Systems (India) Limited and the company's shares closed at Rs 6.93. However, the company's shares opened at Rs 6.28 and reached Rs 6.94 during the trading session. The company's shares closed at Rs 6.61 on Friday. According to experts, the company's shares may rise by 600 percent in the coming 6 months. The profit was completely zero. Due to which the company's earning per share i.e. EPS has reached Rs 5 in this quarter.