This smallcap consumer electronics stock has zoomed over 300% in 8 months

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This smallcap consumer electronics stock has zoomed over 300% in 8 months - Business Standard

Quick Summary:

PG Electroplast hit a new high of Rs 718.

Earnings before interest, tax, depreciation, and amortisation (Ebitda) increased 48.2 per cent YoY to Rs 60.54 crore; margin improved to 9.0 per cent from 8.9 per cent in Q2FY24 due to cost control and operating leverage.

Further the government’s initiatives of promoting electronic manufacturing and treating the industry as one of the key pillars of the Digital India Program, opens new and exciting opportunities for the industry, it added.