Amidst the ups and downs in the functioning of the stock market, a weakness of about 6 percent was recorded in the shares of Sunrise Efficient Marketing on Monday and they were functioning at the level of Rs 103.5. Shares of Sunrise Efficient Marketing, with a market cap of around Rs 103 crore, have a 52-week high of ₹155 while a 52-week low of ₹54. Sunrise Efficient Marketing shares have given multibagger returns to investors from 52-week low. The micro cap company has also recently given bonus shares to its investors.
Sunrise Efficient Marketing shares are trading ex bonus from 8th September. Last September 7, Sunrise Efficient Marketing had announced to give bonus shares. Sunrise Efficient Marketing had announced to give bonus shares to its shareholders in the ratio 1:00. So far this year, shares of Sunrise Efficient Marketing have given returns of up to 40 percent to investors.
Sunrise Efficient Marketing is a leading company in the business of automation, drives, gear boxes, motor pumps and oil products. The market cap of Sunrise Marketing is Rs 107 crore. In the second half of the last financial year, Sunrise Efficient Marketing’s sales increased by 70 percent to Rs 61 crore, while its net profit increased by 281 percent to Rs 6.59 crore.
In the last full financial year, the sales of the company have increased by 51 percent to Rs. 97 crores while the net profit has increased by 64 percent to Rs. 8 crores. The company is adding new business lines along with the expansion of infrastructure and is collaborating with new companies in the industry.
The objective of this step of the company is to provide high quality and energy efficient products and automation solutions. The company is providing such products to its customers by using new technology. From 52 weeks low, the company has given a multibagger of 103 percent to the investors. If you want to invest in the stock market then you can keep an eye on the shares of Efficient Marketing.
