Stock market today: OK Play India’s share price has been on a further trend following the announcement of Q2 2023 results on Thursday last week. The plastic molded toy maker is one of the multibagger stocks that Dalal Street has delivered in YTD time. After announcing its Q2 2023 results, this circuit to circuit stock hit an upper circuit in the following session on Friday.
In fact, the multibagger stock hit an upper circuit during Muhurat trading session on Sunday as well. OK Play India shares today again locked 10 percent upper circuit as it touched an intraday high of ₹129.60 per post gap opening during morning deals. So, this multibagger stock has hit a premium circuit three times after announcing second quarter results for FY24.
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OK Play India share price history
In the last week, this circuit to circuit shares rose by 22 percent. In the last six months, it has given more than 30 percent return to its positional investors.
This multibagger stock has risen 165 percent in YTD time while in the last one year, this multibagger plastic stock has increased by 325 percent.
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OK Play India Q2 results 2023
As mentioned above, the small cap stock multibagger declared its second quarter results for the financial year 2023-24 on November 9, 2023 i.e. Thursday last week. In its second quarter results in current fiscal, the plastic molded toy company reported ₹Revenue of Rs 40.31 crore, which is 0.55 percent higher against its Q2FY23. The company’s EBITDA witnessed a strong growth of 17.38 percent YoY, to ₹8.03 crore in July to September 2023 quarter. The plastic toy maker company reported a 2.83 percent increase in EBIDTA margin to 19.86 percent during Q2FY24 against an EBIDTA margin of 17.03 percent in Q2FY23.
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Company reported positive PAT in Q2FY24, at ₹42 thousand. Its PAT Margin in this period stood at 1.03 percent.
Announcing the second quarter results for current fiscal, OK Play India Ltd also declared its H-1FY24 numbers. The company’s revenue during April to September 2023 period stood at ₹83.56 crore, which is 2.90 percent higher against H-1FY23 revenue of ₹81.20 crores. Company’s EBIDTA during H-1FY24 stood at ₹14.85 crore, registering over 34 percent increase in H-1FY23 EBIDTA from ₹11.08 crores.
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Updated: 16 Nov 2023, 15:08 IST