This small-cap company whose share worth is below Rs 100 has posted strong results in the last quarter of 2023. The company results show its revenue has increased by 99% and its AUM has increased up to 134% in the last year.
Star Housing Financing Company, which has a market valuation of Rs. 470.47, this private financing company has announced its quarterly results with solid revenue growth. Let’s see the full details in this article.
Star Housing Finance Quarterly results
Star Housing Finance posted great results in its previous financial quarter results. The company’s total income growth was increased up to 24%, as well as its EBIT growth percentage, was increased by 14.70%. Also, PAT growth is 14.23%.
The company’s annual revenue growth is 99.6% which overperformed by its last 3 years’ CAGR of 34.56%. If you see the company’s share price history its share price was hiked up to 256.13% in the past 3 years span.
In recent times many small and micro company stocks that deliver great returns to investors.While comparing to Nifty 100 this small-cap stock delivers 258% to investors. Star Housing Finance has delivered great results in the past, also it can deliver good results in the future.