FII Backed FMCG Penny Stock Bags Rs 280 Million Orders, Shares Rise 483% In 3-Yrs

Small cap company Integra Essentia Ltd today informed that it has bagged a significant order worth Rs 280 million for its Agro and Infrastructure businesses, according to the press release. Current market price of Integra Essentia Ltd shares on BSE is Rs 3.97 per share with gain of 3.93% as on August 2, 2024. Integra Essentia shares offered return of 5.59% in last 2-weeks, slipped 36% in last 6-months, and gained 1067% in last 5-years. The company's market capitalisation stood at Rs 423.87 crore. LIC had 1.06% stake Integra Essentia till December 2023. Check key details below:

Integra Essentia Wins Rs 280 Million Orders: Integra Essentia added, "The repeat business from our valued clients is a testament to the reliability and excellence that Integra Essentia Limited delivers. These steps not only propels us towards our financial goals but also ensures substantial benefits for all our stakeholders. Integra Essentia Limited remain committed to maintaining the highest standards of quality and service as we continue to grow and expand our business operations."

LIC Stake In Integra Essentia: As per data available on BSE, Life Insurance Corporation of India (LIC) had 1.06% stake in Integra with 48,59,916 equity shares as on December 31, 2023.

FII Stake In Integra Essentia: According to Trendlyne, FII/FPI have decreased holdings from 0.13% to 0.12% in June 2024 quarter. Number of FII/FPI investors remains unchanged at 31 in June 2024 quarter. Mutual Funds holding remains unchanged at 0.00% in June 2024 quarter.

Integra Essentia Bonus Share History: Integra Essentia on December 30, 2023 declared the record date for 1:1 bonus share as January 11, 2024. Earlier last year, Board of Directors of Integra Essentia recommended bonus issue in the ratio of 1:1 on November 27, 2023.

Integra Essentia Stock Performance & Return: The 52-week high price of Integra Essentia shares on BSE is Rs 7.69 per share (as 17/01/2024) and 52-week low price is Rs 2.55 per share (as on 28/08/2023), respectively. Integra Essentia shares declined over 8% in last 3-months, soared 20% in last 1-year, rose 31% in last 2-years, and gained 483% in last 3-years.

About: IEL is a company engaged in the business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life.

Disclaimer:

The stock just highlights the order win and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.